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The company stands to gain if Bitcoin appreciates at a higher annual rate than it is paying on the preferred dividends.
GameStop said Wednesday that it had made its first Bitcoin purchase, taking a page out of MicroStrategy’s book in pursuit of ...
GameStop shares fell in Wednesday morning trading after the video game retailer disclosed the purchase of 4,710 Bitcoin in a ...
Shares of Strategy, the world's largest corporate holder of bitcoin, have soared 75% from their April low, tracking a ...
Bitcoin’s rally boosts the value of the cryptocurrency Strategy has purchased this year by more than $830 million.
The idea is that, as the price of Bitcoin rises, the value of the business and its stock price will also rise. Then, with a higher stock price, it can issue more debt and equity without irritating ...