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Strategy Resolves Preferred Stock Issue, May Resume Bitcoin Purchases

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

Strategy (formerly MicroStrategy) has addressed a preferred-stock issue that had constrained its ability to buy more bitcoin. Analysts say the resolution clears the way for the company to resume its bitcoin acquisition strategy.

WHY IT MATTERS

Strategy is one of the largest corporate holders of bitcoin in the world.

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SOURCES

  • theblock.co

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