Strategy purchased 13,267 BTC for $1.25 billion via the use of common stock and it’s perpetual preferred equity STRC.
Strategy makes largest bitcoin purchase since July, adds 13,627 BTC
Strategy purchased 13,267 BTC for $1.25 billion via the use of common stock and it's perpetual preferred equity STRC.
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Bitwise has registered for an ETF product tracking the world’s largest memecoin as the crypto subsector becomes more prominent within the market.
The firm’s hydropowered Paraguayan facilities fuelled a 58% monthly hashrate jump.
Analyst Lance Vitanza noted the role of the company’s preferred equity in last week’s $2.1 billion bitcoin purchase.
The messaging app, with over 1 billion users, plans to use $955 million to buy back existing bonds and the remaining $745 million for growth.