Strategy Stock Nearly Doubles from June Low Amid Bitcoin Buying
Strategy, the largest corporate holder of Bitcoin, acquired an additional 334 Bitcoin for $29 million between Oct. 1 and Oct. 4, it disclosed Monday. The company's stock has nearly doubled from its June low.
Strategy, the largest corporate holder of Bitcoin, bought another $29 million of the cryptocurrency, it disclosed Monday. Strategy, formerly known as MicroStrategy, disclosed in a Securities and Exchange Commission filing that it acquired 334 Bitcoin between Oct. 1 and Oct. 4 at an average price of $29 million.