Coolpad buys 24,800 MicroStrategy shares for US$2.38 million under crypto-linked investment plan - MSTR News | RalliesCoolpad buys 24,800 MicroStrategy shares for US$2.38 million under crypto-linked investment plan
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MSTR• Coolpad discloses open-market purchase of Strategy shares
- Coolpad adopted a crypto-linked US securities investment plan capped at US$5 million.
- Digital Tech bought 24,800 Strategy (MSTR) shares in open-market trades from July 30 to Aug. 10.
- Aggregate consideration was US$2.38 million, excluding expenses; the average price was about US$96.07 per share.
- The holding equals about 0.01% of MSTR’s outstanding shares, and the purchase was funded with internal cash resources.
- The deal was classified as a discloseable transaction under Hong Kong listing rules, and no shareholder approval was required.
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