NasdaqGS:MSTRSoftware
Strategy Bitcoin Bet Deepens As Insider Sales And Stream Struggles
Strategy Inc (NasdaqGS:MSTR) purchased US$264 million of Bitcoin during a market downturn, extending its Bitcoin holdings while prices were under pressure.
A cluster of insider share sales occurred as the company’s stock faced significant price pressure.
The company’s first non U.S. perpetual preferred product, Stream/STRE, has encountered accessibility issues and weak adoption in Europe.
Strategy Inc operates as both a software company and a prominent corporate holder of Bitcoin, so its...