๐ฐ A company sells a portion of its Bitcoin holdings and repurchases its shares
A major company announced that it sold about 1,638 Bitcoins valued at approximately $105 million over the past week. The move coincided with raising $290.6 million from sales of common stock, and repurchasing its own shares for $81.2 million.
โโโโโโโโโโโโโโ
๐ Impact: ๐ High
๐ท๏ธ BITCOIN
#Bitcoin #CorporateTreasury #MarketNews #Crypto
๐ฐ Source: coindesk.com
A major company announced that it sold about 1,638 Bitcoins valued at approximately $105 million over the past week. The move coincided with raising $290.6 million from sales of common stock, and repurchasing its own shares for $81.2 million.
โโโโโโโโโโโโโโ
๐ Impact: ๐ High
๐ท๏ธ BITCOIN
#Bitcoin #CorporateTreasury #MarketNews #Crypto
๐ฐ Source: coindesk.com