Strategy (MSTR) stock rises as company resumes Bitcoin buying spree

Shares of Strategy MSTR (previously known as MicroStrategy) rose on Monday after the company resumed buying Bitcoin. The move reversed course just a week after its first cryptocurrency sale since 2022 and provided a boost to a market that has struggled to regain momentum. The company disclosed in a filing with the US Securities and Exchange Commission that it purchased 1,550 Bitcoin between June 1 and June 7 for approximately $101.3 million. The acquisition was made at an average price of $65,33