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Cointelegraphcointelegraph.com

Strategy buys 1,550 Bitcoin after controversial 32 BTC sale (opens original article in a new tab)

TL;DR

Strategy purchased 1,550 Bitcoin for $101.3 million, increasing its holdings to 845,256 BTC. The purchase followed a controversial sale of 32 BTC and was funded by stock sales. The company's shares rose 6.55% after the disclosure.

  • Strategy purchased 1,550 Bitcoin for $101.3 million.
  • The purchase increased holdings to 845,256 BTC, valued at $53.8 billion.
  • The company's shares rose 6.55% after the disclosure.
  • Shareholders approved a change in preferred stock dividend payments to semi-monthly.

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