📰 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.

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📊 Impact: 📈 High
🏷️ BITCOIN

#Bitcoin #CorporateTreasury #MarketNews #Crypto

📰 Source: coindesk.com