Strategy makes modest Bitcoin purchase amid ongoing accumulation

Strategy bought 245 Bitcoin for $26 million between June 16–22, one of its smallest weekly purchases since ramping up buying. The company has now gone four weeks funding Bitcoin purchases without selling common stock, using preferred shares instead. Strategy’s stock has soared over 3,000% since 2020, significantly outperforming Bitcoin’s 1,000% rise in the same period source: https://coinjournal.net/news/strategy-makes-modest-bitcoin-purchase-amid-ongoing-accumulation/