Strategy (MSTR) stock slips after-hours after SEC filing details new bitcoin buy funded by share sales
Strategy Inc shares fell 1.6% to $160.58 in after-hours trading Monday after the company disclosed $257 million in stock sales and the purchase of 2,932 bitcoin last week. An SEC filing showed the company boosted its total bitcoin holdings to 712,647. Investors are watching bitcoin’s price and Strategy’s earnings report set for Feb. 5.