MicroStrategy Resumes Bitcoin Purchases with $76 Million Acquisition
MicroStrategy (MSTR) has acquired 950 BTC for $76 million at an average price of $79,670, marking its first purchase since August 31st. The firm now holds 846,000 BTC. While the company previously sold $432 million worth of Bitcoin under a new monetization program to support cash reserves and dividends, Chairman Michael Saylor clarified that his personal "never sell" stance remains distinct from the company's capital management strategy.
Summaries are written by AI from the original article. Not investment advice.