Breaking: Strategy Acquires 7,390 Bitcoin For $764 Million, MSTR Stock Price Declines Pre-market

Michael Saylor’s Strategy, previously known as MicroStrategy, made another Bitcoin purchase between May 12 and May 18, bringing the company’s total BTC holdings to 576,230. Despite this announcement, the MSTR stock price has declined, with the firm facing a class action suit over misleading statements regarding its Bitcoin Strategy.