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via CoinDesk · By CoinDesk Staff
MSTR buys 1,550 BTC, boosts cash reserves to $1 billion
BTC
BTC/USDT
$63,058.49
+0.00%
$63,058.49
+0.00%
(24s)24h Volume
$2,454,427,771.73
24h H/L
$63,175.00 / $62,920.00
Change: $255.00 (0.41%)
Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate
+0.0026%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(12:12 PM UTC)
1 min read
Strategy buys 1,550 bitcoin, boosts cash reserves to $1 billion
Strategy adds bitcoin and cash after raising $181 million through stock sales.
Strategy (MSTR) acquired 1,550 bitcoin for approximately $101 million, increasing its total holdings to 845,256 BTC, according to a Monday announcement from Executive Chairman Michael Saylor.
The purchase comes after bitcoin fell around 15% last week…
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