Strategy (MSTR) purchased 592 Bitcoin for an average price of USD 67,286 between Feb 17-22

MicroStrategy's acquisition of 592 Bitcoin at an average price of USD 67,286 signals a continued commitment to cryptocurrency as a strategic asset.

Newsquawk StaffPublished On the live feed at , 20 minutes before this page
Newsquawk headlinesUTC

US Secretary of State Rubio postpones his Saturday visit to Israel, now scheduled for Monday

Fed Governor Waller says there are reasons including AI to think the hiring may remain weak, it is difficult to interpret recent jobless claims data

Strategy (MSTR) purchased 592 Bitcoin for an average price of USD 67,286 between Feb 17-22

Fed Governor Waller says he would support a 25-basis-point reduction in March if January labour strength is revised away or evaporates but may be appropriate to hold if downside labour market risks have diminished

US debt crisis is set to reach unprecedented levels, with the CBO projecting a cumulative federal budget deficit of USD 23tln between 2026 and 2035, up USD 1.4tln from prior forecast

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This move may bolster their balance sheet, enhancing investor sentiment towards MSTR, but also raises questions about potential volatility given current market conditions for Bitcoin. Traders should watch for any ripple effects in crypto-related equities and futures.

Related headlines

The whole workspace, free to try.

Try it free