‘We found room for even more orange’: Michael Saylor’s Strategy scoops up another 811 bitcoin for $65.5 million
The latest bitcoin acquisition disclosure comes after Strategy reported $19.5 billion in third quarter net income on Thursday.
Key Takeaways
- The latest bitcoin acquisition disclosure comes after Strategy reported $19.5 billion in third quarter net income on Thursday.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from The Block. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Strategy spends triple its weekly Bitcoin outlay on STRC buybacks
Strategy spent $208.2 million buying back STRC preferred shares and $65.5 million on Bitcoin, while allocating $98.5 million to its USD Cash balance.
MicroStrategy and Strive Buy More Bitcoin, but Shareholders Could Feel the Pain
Strategy buys 811 Bitcoin with new MSTR stock, cutting Bitcoin per share, while Strive's per-share holdings rise. The post MicroStrategy and Strive Buy More Bitcoin, but Shareholders Could Feel the Pain appeared first on BeInCrypto.
Strategy Resumes Bitcoin Buys With $66M Purchase
The Bitcoin treasury firm also spent $208.2 million buying back its STRC preferred stock, cutting its USD Cash balance to $132.7 million.