Crypto
Strategy rebounds as bitcoin rises, market cap up $7.8 billion
Strategy shares rose with bitcoin\'s rebound, restoring about $7.8 billion in market capitalisation in two days. Bitcoin regained the $72,000 level and rose about 12 percent in two days, lifting crypto-linked stocks. Strategy holds 844,447 bitcoin, valued at about $60.5 billion at $72,000. The company raised $333.7 million by selling common shares, added $149.1 million to reserves and used cash for preferred dividends and buybacks.
