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Strategy Purchases $82M in Bitcoin and Buys Back $188M of STRC

(3 hours ago) · 1 source · Summarized by CryptoBipto

Strategy, the company formerly known as MicroStrategy, has purchased approximately $82 million worth of Bitcoin. The company also bought back $188 million of its STRC preferred stock.

WHY IT MATTERS

Strategy is a publicly traded company that has made buying and holding Bitcoin a central part of its business plan.

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SOURCES

  • decrypt.co

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