Strategy Just Blew $21 Billion Buying Bitcoin. Now It's Paying The Price.

4 days ago

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Strategy (MSTR) has spent over $21 billion since Nov. 10 to buy bitcoin whose value has fallen to around $17.5 billion as of Monday afternoon, an Investor's Business Daily analysis of company filings indicate. MSTR stock dived Monday as the bitcoin price tumbled and Strategy announced plans to reload its arsenal for buying the cryptocurrency, albeit on less favorable terms.…


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