Strategy Buys $101M Bitcoin Two Weeks After Rare Sale

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Strategy, formerly MicroStrategy, bought 1,550 Bitcoin for about $101 million between June 1 and June 7. The purchase came after Strategy sold 32 BTC between May 26 and 31 to cover STRC preferred share dividends. Strategy lifted its treasury to 845,256 BTC and raised its cash reserve by $100 million to $1 billion. Phong Le stated that Strategy seeks to increase net Bitcoin and Bitcoin per share over time.
BTC2.36%
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