Strategy Buys Bitcoin and Boosts Cash Reserves After Significant Weekly Stock Drop

Following a significant weekly stock drop of 24%, Strategy announced it purchased 1,550 Bitcoin for $101 million. The company also increased its cash reserves to $1 billion after repurchasing debt last month.

By André Beganski Mon, June 8, 2026 at 4:46 PM GMT+3 2 min read · Yahoo Finance · June 8, 2026, 13:46 UTC

Tickers: $MSTR $STRC

Topics: Bitcoin cash reserves M&A activity stock performance

Read the full article at Yahoo Finance

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