Strategy Inc. Purchases $2.54 Billion in Bitcoin, Largest Since November 2024
Strategy Inc., led by Michael Saylor, purchased $2.54 billion in Bitcoin over the previous seven days, the largest acquisition since November 2024. The purchase was funded by the sale of $2.18 billion in STRC perpetual preferred shares and common shares. The move follows a three-week Bitcoin rally, boosting the company's stock by nearly 30%.
Topics: Bitcoin Corporate Finance Cryptocurrency Investment Strategy Inc.