Group One has taken a stake in MicroStrategy that gives them the opportunity to acquire 1.26 million more shares of the company.
Group One has taken a stake in MicroStrategy that gives them the opportunity to acquire 1.26 million more shares of the company. MicroStrategy’s stock price finished the day up 8.6% higher than it opened.
According to a document that was submitted to the United States Securities and Exchange Commission, the options trading company Group One acquired a “beneficial ownership” interest in MicroStrategy. This position grants the company the option to purchase 1.26 million shares of Class A common stock.
As of the 28th of December, MicroStrategy has a total of around 132,500 BTC, making it one of the top holders of bitcoin.
According to the information provided on its website, Group One has been in operation since 1989 and primarily participates in the options trading market. Its headquarters are located in Chicago. It maintains a physical presence on the New York Stock Exchange Amex and Arca, as well as on the Nasdaq PHLX and the Chicago Board Options Exchange. At the market’s end, shares of Microstrategy were up 8.6%.
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