MicroStrategy Ends Two-Week Pause With 950 Bitcoin: Is the Buying Engine Stalling?
Strategy, formerly known as MicroStrategy, purchased 950 Bitcoin during the week ending September 20, marking the resumption of acquisitions following a two-week gap in buying activity. The company valued the purchase at approximately $77 million based on a bitcoin price of $81,200 used in its Monday filing. The acquisition also included $174 million in repurchases of Variable Rate Series A Perpetual Stretch Preferred Stock, a Nasdaq-listed share class the company designed to trade near $100 pe
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