via BeInCrypto · By BeInCrypto Editorial
MicroStrategy Buys Bitcoin 2 Weeks After Selling
BTC/USDT
$11,165,387,293.28
$63,999.00 / $62,436.59
Change: $1,562.41 (2.50%)
+0.0017%
Longs pay
Strategy, formerly MicroStrategy, bought 1,550 Bitcoin (BTC) for about $101 million between June 1 and June 7. The purchase landed two weeks after the firm sold Bitcoin for the first time since 2022.
The company announced the buy on Monday, lifting its treasury to 845,256 BTC. It also raised its cash reserve by $100 million to $1 billion, signaling liquidity management alongside its accumulation…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
Add COINOTAG as a Preferred Source
Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.
Add on Google