
Strategy Returns to Bitcoin Market With $370 Million Purchase
After a two-month pause, Strategy has resumed accumulating Bitcoin with a $370 million purchase, emphasizing its robust financial reserves. The renewed corporate demand helped push Bitcoin back toward $79,000 despite lingering macroeconomic uncertainties.
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Strategy Has A 'Fortress Balance Sheet': CEO
Phong Le, CEO and president of Strategy, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Strategy resumed Bitcoin purchases after a 10-week pause, returning to its signature accumulation strategy after the crypto bear market pressured its shares, weakened confidence in the financing model and prompted a balance-sheet overhaul. (Source: Bloomberg)
Read full article →Strategy buys Bitcoin after 2-mth break: here are the bull and bear cases
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