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MicroStrategy Didn’t Buy Bitcoin Last Week. The Stock Is Gaining
Strategy, the world’s largest corporate holder of Bitcoin, didn’t snap up any cryptocurrency last week as the price of Bitcoin continued its ascent. Strategy’s holdings currently stand at 640,031 Bitcoin acquired for a total of $47.35 billion, or roughly $73,983 per token. Its latest purchase came in the prior week, when the company said it had acquired 196 digital tokens for $22.1 million in the period between Sept. 22 and Sept. 28. Shares of the company formerly known as MicroStrategy were up 2% at $358.47 on Monday. The benchmark S&P 500 was rising 0.4%. Holders of Bitcoin have enjoyed its steep rise over ... (full story)
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