Strategy unveils stock IPO plan to fuel relentless Bitcoin expansion

On June 2, Strategy announced an IPO for 2.5 million shares with an annual 10.00% dividend, aimed at boosting its Bitcoin acquisition strategy.

The company currently holds 580,955 BTC purchased at an average price of 70,023 USD, reflecting its commitment to Bitcoin investments amidst fluctuating prices.

Bitcoin prices are consolidating between 103,127 USD and 104,947 USD, with analysts suggesting a need to exceed 105,000 USD for bullish sentiment.

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