Vortex Brands Co. Acquires MicroStrategy Stock as Strategic Asset
VORTEX BRANDS CO (VTXB)
Company Research
Source: PR Newswire
DENVER, Aug. 28, 2024 /PRNewswire/ -- Vortex Brands Co. (OTC: VTXB), a Bitcoin mining company with expertise in renewable energy and cutting-edge technologies, has begun acquiring MicroStrategy (MSTR) stock as part of a new corporate strategy."Adding MicroStrategy stock to our balance sheet allows us to leverage the arbitrage strategy MicroStrategy employs between the corporate public markets and the value of Bitcoin," said Vortex Brands CEO, Todd Higley.The initial purchase of 10 shares of MSTR is just the beginning, with the company planning to add at least that many shares monthly and report holdings quarterly."This move aligns with our positive outlook for Bitcoin and our belief in hard assets, including certain digital assets, as the preferred investment and business activity in today's post-low-inflation environment," added Mr. Higley.To understand our thought process of adding MicroStrategy stock to our balance sheet and their advocacy for bitcoin, their "Bitcoin for Corporatio
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