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MSTR Stock Climbs After Michael Saylor’s Strategy Skips Bitcoin Buys Again, Raises $545M Through Share Sale
in5points
Strategy, led by Michael Saylor, did not buy Bitcoin for the fifth consecutive week.
The company raised $545 million through a share sale.
MSTR stock price climbed following the announcement.
The pause in Bitcoin purchases extends the current trend.
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Rajeev Chandrasekhar / Jupiter Capital interests historically