The Economic Times

MSTR stock surges today after Michael Saylors Strategy buys $1.25 billion worth of Bitcoin (BTC USD)

Strategy buys Bitcoin: Strategy stock saw a significant jump on Monday. The company announced a substantial purchase of Bitcoin, amounting to approximately $1.25 billion. This acquisition adds to Strategy's existing Bitcoin holdings, which are now valued at around $62 billion. The move comes amid growing institutional interest in Bitcoin and related investment products.