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Point72 Buys 390,666 Shares of MSTR Worth $65M

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Point72 Asset Management, the hedge fund of Steve Cohen, has added 390,666 shares of MicroStrategy (MSTR) to its portfolio, totaling $65 million. The move aligns with broader **asset allocation** strategies in the digital asset space. The purchase reflects a tactical approach to **risk management** amid market volatility. The transaction was reported via BitcoinTreasuries, according to BitJie.
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