Strategy also spent more than three times that sum buying back its preferred stock.
Strategy announced the Bitcoin purchases on November 2, after a week of buying that coincided with a Binance hack. Hackers drained $6.3 billion from the exchange. Strategy also spent more than three times its $65.5 million Bitcoin outlay buying back preferred stock.
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@FortuneMagazineToday, Strategy announced that it had bought over $65 million worth of Bitcoin over the past week, its largest purchase since late September. https://bit.ly/4kAf72W
@YahooFinanceMichael Saylor's Strategy spent $65.5 million on bitcoin last week and more than three times that amount buying back its own preferred stock. @scottmelker breaks it down 👇@FortuneMagazineToday, Strategy announced that it had bought over $65 million worth of Bitcoin over the past week, its largest purchase since late September. https://bit.ly/4kAf72W@YahooFinanceMichael Saylor's Strategy spent $65.5 million on bitcoin last week and more than three times that amount buying back its own preferred stock. @scottmelker breaks it down 👇—
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