MicroStrategy restarts Bitcoin purchases, spending $370 million
2026-08-31 20:38:25
According to CoinMeta, and as reported by Bloomberg, MicroStrategy has restarted its Bitcoin purchases after a 10-week pause, spending approximately $370 million to return to its signature accumulation strategy. This move comes amidst a bear market in cryptocurrencies that is putting pressure on the company's stock price, weakened confidence in its financing model, and a reorganization of its balance sheet.
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Source:Bloomberg
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