Strategy Inc Purchases $2.54 Billion in Bitcoin to Strengthen Treasury
Strategy Inc (NASDAQ:MSTR) purchased $2.54 billion worth of Bitcoin, adding 34,164 BTC to its treasury. The company sold shares of STRC and MSTR stock to fund the purchase, and plans to adjust its dividend schedule to reduce stock volatility. The move highlights increased confidence in Bitcoin as a treasury asset.
Topics: Bitcoin Corporate Strategy Dividend Policy Regulatory Filings Stock Sales