Strategy Inc stock ticks higher after $1.25 billion bitcoin buy funded by fresh share sales
Strategy Inc. bought 13,627 bitcoin for about $1.25 billion, funded by selling over 8 million shares, according to an SEC filing. The company’s total bitcoin holdings reached 687,410. Shares rose 0.2% to $157.64 after the news. Investors remain focused on dilution risks and the company’s ability to keep raising funds.