The latest bitcoin acquisition disclosure comes after Strategy reported $19.5 billion in third quarter net income on Thursday.
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Strategy buys 811 Bitcoin with new MSTR stock, cutting Bitcoin per share, while Strive's per-share holdings rise. The post MicroStrategy and Strive Buy More Bitcoin, but Shareholders Could Feel the Pain appeared first on BeInCrypto.
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They’ve helped turn this year’s midterms into “the most expensive election cycle on record.”
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The Bitcoin treasury firm also spent $208.2 million buying back its STRC preferred stock, cutting its USD Cash balance to $132.7 million.
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The Binance hack has renewed concerns about cryptocurrency security after attackers stole approximately $6.3 billion in digital assets from the world’s largest crypto exchange. The October 29 breach is believed to be the biggest cryptocurr…