4 months ago
Disclaimer: The expert who wrote this portion owns shares of Strategy (MSTR).
Strategy (MSTR) accrued its bitcoin (BTC) holdings to 478,740 BTC aft last week's pause with the acquisition of $742.4 cardinal worthy of the largest cryptocurrency
The Tysons Corner, Virginia institution formerly known arsenic MicroStrategy bought 7,633 BTC successful the week ended Feb. 9, Executive Chairman Michael Saylor posted connected X. The mean acquisition terms was $97,255 per bitcoin, which raised the wide mean acquisition terms to $65,033
The institution didn't bargain immoderate bitcoin successful the week ended Feb. 2, astir apt due to the fact that it was observing a blackout play during its net week. On Feb. 6, the institution reported a fourth-quarter nett loss of $3.03 per share, compared with income of $0.50 per stock a twelvemonth earlier.
Saylor teased the acquisition announcement erstwhile again connected Sunday, arsenic helium has for the past fewer months: "Death to the bluish lines. Long unrecorded the greenish dots."
English (US) 