MicroStrategy Stock News

Cryptocurrency play discloses its latest shares sales with proceeds going to buy more bitcoin.

MicroStrategy Incorporated (NASDAQ:MSTR) has continued its aggressive Bitcoin accumulation strategy, acquiring $209 million worth of the cryptocurrency between December 23 and December 29, a regulatory filing with the Securities and Exchange Commission on Monday has revealed. This marks the eighth consecutive week of Bitcoin purchases for the Tysons Corner-based software company, which has effe...

The company bought $209 million worth of the digital token between Dec. 23 and Sunday.

Software name MicroStrategy Inc (NASDAQ:MSTR) is plummeting in pre-market trading, last seen at $317.97 after the company revealed a sale of 592,987 shares valued at $209 million and a subsequent acquisition of 2,138 bitcoins, worth the same amount.

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