US Stock Market Movement | Strategy(MSTR.US) Stock Rises Over 4% After Establishing a 1.59 Billion Dollar Cash Pool
On Monday, the share price of Strategy (MSTR.US) continued its upward trend, rising by more than 4% as of press time, with an increase of approximately 30% since August.
According to Golden Ten Data, on Monday, Strategy (MSTR.US) shares continued their upward trend. As of the time of publication, the stock had risen by more than 4%, up approximately 30% since August. In the news, Strategy has established a new $1.59 billion "USD cash pool", providing additional potential resources for increasing its Bitcoin holdings. The company disclosed on Monday that the newly established "USD cash pool" will coexist with its existing reserves and can be used to purchase more Bitcoin, pay preferred stock dividends and debt interest, repurchase securities, and meet other operational needs. In addition, the recent sustained rebound of cryptocurrencies has had a positive impact on the company. Bitcoin is currently quoted at $78,807, an increase of about 1.93%; Ethereum is quoted at $2,497, an increase of about 1.81%.
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