The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Michael Saylor’s Strategy has fully embraced its position as a bitcoin treasury company and Wall Street remains bullish on MSTR stock.
Strategy (formerly known as MicroStrategy) has reported its largest quarterly Bitcoin acquisition to date, marking a significant expansion of its holdings in the fourth quarter of 2024. In the last quarter of 2024, the firm purchased 218,887 BTC, bringing its total holdings to 447,470 BTC as of Dec. 31. The company has made additional Bitcoin […]
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Big Tech has a great flow of cash on hand. Currency devaluation makes them lose purchasing power. Is Bitcoin a treasury solution to fight against inflation? Amazon is the next to decide.
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