Strategy (MSTR) stock price ticks up after new $39.8 million bitcoin buy filing
Strategy Inc. (MSTR) shares rose 0.7% to $124.60 Tuesday after the company disclosed it sold nearly 298,000 shares for $39.7 million and bought 592 bitcoin last week. The firm now holds 717,722 bitcoin, purchased for $54.56 billion. Bitcoin last traded near $64,468, up 0.5%. Investors are watching for further stock sales and the company’s next results update.