
Strategy Buys Bitcoin For $100M, But Peter Schiff Isn't Convinced: 'Sacrifice MSTR Shareholders?'
Bullish•
BTC
••BenzingaStrategy Inc. (NASDAQ:MSTR) bought 1,587 Bitcoin (CRYPTO: BTC) for $100 million last week, surging 7% in early Monday trading. Strategy Funded Both Bitcoin And USD Reserve Through Stock Sales Alone The purchase ran from June 8 to June 14 at an average price of $63,024 per coin, bringing total holdings to 846,842 BTC worth roughly $56 billion.
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