Strategy Sells 1,690 Bitcoin and Raises $653 Million Through MSTR Shares

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The post Strategy Sells 1,690 Bitcoin and Raises $653 Million Through MSTR Shares appeared first on Coinpedia Fintech News

Strategy sold 1,690 BTC for $108.6 million last week and used the proceeds to repurchase 1.15 million STRC preferred shares. The company also sold 6.59 million MSTR shares, raising $653.1 million, with much of the money added to its dollar reserve. Strategy now holds 840,447 BTC, acquired for a total of $63.36 billion at an …