Strategy acquired 6,220 bitcoins for $739.8M last week
Main Idea
MicroStrategy (NASDAQ:MSTR) acquired 6,220 bitcoins for $739.8 million between July 14 and July 20, increasing its total bitcoin holdings to 607,770.
Key Points
1. MicroStrategy purchased 6,220 bitcoins for $739.8 million from July 14 to July 20.
2. The company's shares rose 1.77% pre-market to $430.73 following the announcement.
3. As of July 20, MicroStrategy's total bitcoin holdings reached 607,770.
Description
More on Strategy Strategy: Still Sticking With Series A Preferreds Strategy Stock: A Leveraged Way To Play Bitcoin Strategy: The Rising Cost To Common Stockholders
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