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Crypto & Bitcoin

Strategy Acquires 250 Bitcoin and Repurchases $192 Million in STRC, MSTR Stock Jumps

Reported by Varinder Singh, Coin Gape News

Image: Coin Gape News

HIGHLIGHTS Michael Saylor’s Strategy acquired 250 Bitcoin for $21.5 million, increasing total holdings to 848,250 BTC. Strategy repurchased $192.4 million of STRC preferred stocks and $5.5 billion in total USD assets. MSTR stock price is up 0.56% on Monday while Bitcoin pared earlier gains. Michael Saylor’s Strategy continues its Bitcoin accumulation and STRC preferred stock repurchase last week. As a result, MSTR stock price jumped on Monday, extending last week’s upside momentum. Michael Saylor’s Strategy Expands Bitcoin Treasury to 848,250 BTC Largest corporate Bitcoin treasury acquired 250 BTC for $21.5 million at an average price of $86,194 per Bitcoin.

This is an excerpt. The reporting belongs to Coin Gape News.

Read the full report on coingape.com
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