The company used proceeds from a recent sale of stock and converible bonds to buy more of the cryptocurrency.
Ben Levisohn is a Deputy Editor at Barron's. With a background as a former stock trader, he covers a wide range of topics within finance, including markets, AI, and major tech companies like Nvidia and Apple, while also addressing themes of inflation and retail trends. He has been featured in Barron's, Yahoo Finance Singapore, MarketWatch, Yahoo Finance, and Yahoo News.