{"id":6807,"date":"2025-05-19T17:35:00","date_gmt":"2025-05-19T16:35:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=6807"},"modified":"2025-05-19T17:07:50","modified_gmt":"2025-05-19T16:07:50","slug":"mstr-stock-bitcoin-purchase-surge-400-btc","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/mstr-stock-bitcoin-purchase-surge-400-btc\/","title":{"rendered":"MSTR Stock Surges Past $400 After Major Bitcoin Acquisition"},"content":{"rendered":"\n
In a press release<\/a>, Strategy<\/strong> revealed that it has acquired 7,390 BTC<\/a><\/strong> <\/a> for $764.9 million<\/strong>, at an average price of $103,498<\/strong> per BTC. Formerly known as MicroStrategy, the company now holds a portfolio of 576,230 Bitcoin<\/strong>, purchased for a total amount of $40.8 billion<\/strong>.<\/p>\n\n\n\n This latest large-scale purchase announcement had an immediate impact<\/strong> on the MSTR stock price, soaring above the symbolic $400<\/strong> threshold. A welcome increase for the company, which is concurrently facing a class-action lawsuit.<\/p>\n\n\n According to the filing with the SEC<\/strong>, the lawsuit targets CEO Michael Saylor<\/a>, CFO Phong Le, and Andrew Kang for alleged violations of securities laws. The plaintiff, Anas Hamza, representing the class, alleges that the executives made false or misleading statements<\/strong> and did not disclose information about the anticipated profitability of Strategy’s Bitcoin strategy.<\/p>\n\n\n\n