Saylor Shares $64B Bitcoin Chart, Stirring Strategy Buy Questions
By Kevin Helms
Michael Saylor shared a chart showing Strategy’s bitcoin holdings valued at $64.44 billion following a sharp market sell-off. His update revisited the company’s acquisition history as Strategy balanced bitcoin purchases with preferred-stock buybacks and cash reserves. Saylor Shares Strategy’s Bitcoin Acquisition Chart…
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinAcquisition
The purchase of one company by another, giving the buyer control of the target's business.
Acquisitions can speed growth for the buyer but raise competition and job concerns.
More about AcquisitionFrom the blog
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