MSTR jumps after Strategy says it may sell more Bitcoin to fund dividends and buybacks

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➡️ Neutral

AI Summary

Strategy (formerly MicroStrategy) shares rose Monday after the Bitcoin holder moved to reassure investors that it can meet its preferred stock obligations, authorizing up to $2 billion in buybacks and opening the door to Bitcoin sales that could fund dividends, interest payments, and repurchases. The company, led by Executive Chairman Michael Saylor, announced a new […]
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