Blog

Home News Cooltech Group Acquires 39,000 Shares of Strategy, Equivalent to $4.98 Million

Cooltech Group Acquires 39,000 Shares of Strategy, Equivalent to $4.98 Million

Cooltech Group Acquires 39,000 Shares of Strategy, Equivalent to $4.98 Million

BlockBeats News, February 28. According to Hong Kong Economic Times, HKEX-listed company Coolpad Group disclosed that it has spent approximately 38.89 million Hong Kong dollars (4.98 million US dollars) to purchase 39,000 shares of Strategy, while simultaneously selling 390 MSTR call options, receiving a premium of $51,210. The relevant call options expire on March 6, with a strike price of $150, representing a 15.8% premium over MSTR’s Friday closing price of $129.50.

Related articles