📉 MicroStrategy sells $263.5 million worth of its shares without buying Bitcoin!
MicroStrategy sold 2.7 million shares of its stock worth $263.5 million last week, but it did not use the proceeds to buy any Bitcoin. This move comes as the company’s U.S. dollar reserves exceed $3.2 billion, raising questions about the firm’s future Bitcoin strategy.
━━━━━━━━━━━━━━
📊 Impact: 📈 High
🏷️ BITCOIN
#MicroStrategy #MSTR #Bitcoin #BTC #CorporateStrategy
🔗 Source: https://biztoc.com/x/1914fbb120e7e4c7
MicroStrategy sold 2.7 million shares of its stock worth $263.5 million last week, but it did not use the proceeds to buy any Bitcoin. This move comes as the company’s U.S. dollar reserves exceed $3.2 billion, raising questions about the firm’s future Bitcoin strategy.
━━━━━━━━━━━━━━
📊 Impact: 📈 High
🏷️ BITCOIN
#MicroStrategy #MSTR #Bitcoin #BTC #CorporateStrategy
🔗 Source: https://biztoc.com/x/1914fbb120e7e4c7