Cryptocurrencies
Strategy Bought More Bitcoin During Volatile Week on Wall Street
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Michael Saylor’s Strategy took advantage of the large price swings in the company’s common shares last week to purchase $285.8 million more of Bitcoin.
While the stock fluctuated from losses of as much as 11% to gains of around 25% during the week, the former MicroStrategy Inc. said it sold shares through its at-the-market program to finance the crypto purchases.