Strategy (MSTR) Looks Cheap As Bitcoin Buying Resumes With 4,603 More Coins

Strategy (MSTR) has restarted Bitcoin purchases after a 10 week pause, adding 4,603 coins to reach holdings of 845,050. The move was funded by new share issuance and keeps attention on its Bitcoin centric treasury approach. Over the past month, Strategy’s stock has seen a sharp rebound, with a 30 day share price return of about 29.9%, even though the year to date share price return is down 21.6% and the 1 year total shareholder return is down 62.7%. The 3 year total shareholder return is over...