Strategy’s Bitcoin Stockpile Nears BlackRock’s ETF Holdings After $1 Billion BTC Buy

In brief Strategy notched its largest Bitcoin purchase in nearly a month, expanding its holdings with proceeds that purely came from its flagship preferred share. The Bitcoin-buying firm is within striking distance of surpassing BlackRock’s spot Bitcoin ETF. Michael Saylor said that Strategy could cover its dividend obligation indefinitely if Bitcoin’s price appreciated 2% each…

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