menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Bitcoin News

>

Saylor’s S...
source image

Livebitcoinnews

1w

read

306

img
dot

Image Credit: Livebitcoinnews

Saylor’s Strategy Buys 1,895 BTC for $180 Million

  • Strategy, formerly known as MicroStrategy, purchased 1,895 bitcoins for $180 million, according to a filing with the SEC.
  • To fund the Bitcoin purchase, Strategy raised $180.3 million by selling stock shares to the market.
  • This investment adds to Strategy's significant holdings, with previous purchases and a stock price increase demonstrating market confidence.
  • The company's aggressive approach in Bitcoin procurement is a strategic move, positioning Bitcoin as a long-term asset for businesses.

Read Full Article

like

18 Likes

For uninterrupted reading, download the app