MSTR Stock Soars as Strategy Shifts Bitcoin Buying Playbook
Strategy's MSTR stock price jumped by 4.73% after the company announced changes to its Bitcoin buying playbook.
The company will now divide future capital between Bitcoin purchases and cash reserves based on market conditions, shifting away from directing all new funds towards additional crypto purchases.
This move comes as Strategy paused Bitcoin buying for a third consecutive week while expanding its U.S. dollar reserve to $3.75 billion.