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.