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MarketBeat
MarketBeat
Jeffrey Neal Johnson

Strategy Inc. Buys Bitcoin and Eyes a Dividend Amid Market Fear

Strategy Inc Strategy Bitcoin Stretch

Strategy Inc. (NASDAQ: MSTR) just executed a definitive power play in a market riddled with fear. The recent $2.01 billion acquisition of 24,869 Bitcoin (BTC) pushes its total holdings to an immense 843,738 BTC.

This calculated move, funded by stock offerings, was executed precisely as over $800 million in leveraged crypto positions were liquidated market-wide, capitalizing on the capitulation of weaker hands.

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