Reported about 18 hours ago
Michael Saylor's company, Strategy, purchased $10.7 million in Bitcoin just a week after announcing plans to issue up to $21 billion in preferred stock to fund additional Bitcoin acquisitions. The firm has been actively buying Bitcoin since late October and now holds approximately $41.6 billion worth. While shares of Strategy have skyrocketed 2,300% since 2020, Bitcoin's value has increased over 600% in the same timeframe.
Source: YAHOO