MicroStrategy snags another 2,138 bitcoins at less than $100,000 per coin

December 30, 2024

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Published: Dec. 30, 2024 at 10:56 a.m. ET

Shares of MicroStrategy Inc. fell Monday after the software company and cryptocurrency play said it sold off more of its common stock to raise the money needed to buy more bitcoin.

The stock

MSTR was last down 5%, after the company said it sold an aggregate of 592,987 shares between Dec. 23 and Dec. 29 for net proceeds of about $209 million.

This post was originally published on Market Watch

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