Strategy Inc. sells $747.8M in stock, buys no BTC, holds 671,268 BTC worth $64B. Stock near $155 support level.
In the previous week, Strategy Inc. (NASDAQ: MSTR) deviated from its Bitcoin accumulation trend by not acquiring any BTC and instead selling $747.8 million worth of Class A common stock. This decision came as the company's stock price lingered slightly above the critical support level of $155. As of the week ending on Dec. 21, Strategy Inc. had not made any new purchases of Bitcoin, maintaining its holdings at 671,268 BTC, valued around $64 billion. During the specified period, there were no issuances of preferred shares across any of Strategy Inc.'s four perpetual preferred stock programs. More details on this development can be found on Benzinga.com.
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