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Strategy sells $544.5M in MSTR, makes no bitcoin purchase

Strategy sells $544.5M in MSTR, makes no bitcoin purchase


  • Bitcoin
  • Cryptocurrency
  • Blockchain
  •
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    Crypto markets are entering a new phase as institutional adoption accelerates and industry shakeouts continue. Scott Melker breaks down Strategy's (MSTR) $544.5 million sale with zero bitcoin (BTC-USD) purchase, Circle Internet Group's (CRCL) acquisition of nearly 1,000 blockchain patents from IBM (IBM), and Robinhood's (HOOD) potential prediction-market deal with Crypto.com.

    "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.

    Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

    Author

    Yahoo Finance Video

    Source

    finance.yahoo.com

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