Investing.com -- In one of the most aggressive corporate treasury maneuvers of the year, Strategy Inc. (NASDAQ:MSTR) successfully raised $2.03 billion through targeted stock sales last week, immediately deploying the capital to purchase an additional 24,869 bitcoin.
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Investing.com89d agobearish
Strategy drops $2 billion in epic bitcoin buying spreeBarchart99d agobearish
Bitcoin Dominated MSTR Stock Earnings. Don’t Miss the Possibility of Increased Dividend Payouts.Strategy is evolving into a leveraged Bitcoin play layered with rising income features, leaving investors to weigh extreme volatility against Wall Street’s 'Strong Buy' consensus.