The post Bitcoin Mining Company Vortex Brands (VTXB) Acquires MSTR Stocks, MSTR Tops S&P 500 appeared first on Coinpedia Fintech News
Bitcoin mining company Vortex Brands (VTXB) has recently revealed purchasing MSTR stocks. Vortex Brands started acquiring MSTR stocks as its strategic asset. While the company’s initial purchase amounts to only 10 shares, the move comes with a broader approach to leverage arbitrage strategy between corporate public markets and the value of Bitcoin. Notably, the Michael Saylor-led firm has also topped the S&P 500, as per Saylor’s recent post on X. MSTR stock price was down 1% today to $140, although the stock surged 104% YTD and 45% over the past six months.