Strategy (MSTR) stock climbs in premarket after $1.25 billion bitcoin buy and fresh insider purchase
Strategy Inc shares rose about 2.5% premarket after the company disclosed buying 13,627 bitcoin for $1.25 billion, funded by recent share sales. Director Carl J. Rickertsen purchased $779,395 of stock, his first such buy in a year. The company now holds 687,410 bitcoin at an average cost of $75,353 each.