Build with CoinStats’ all-in-one API. Learn more

Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerCryptocurrenciesPricingCrypto APIIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerCrypto Gaming24h ReportPress KitAPI Docs
CoinStats

Strategy Resumes Bitcoin Buying After Nearly Two Months

1h ago
bullish:

0

bearish:

0

In a huge industrial vault, an executive inspired by Michael Saylor of Strategy abruptly pulls down a massive lever. At that moment, a previously motionless mechanical conveyor restarts, carrying an avalanche of Bitcoin coins toward a gigantic safe. The executive occupies the first third of the image, with a determined expression, while the stream of Bitcoin dominates the other two-thirds.

Michael Saylor's company has just resumed its bitcoin acquisitions, but at a price that raises questions. Strategy has just bought 4603 BTC at 80318 each for 369.7 million dollars after about two months of absence. However, the company had sold several thousand bitcoins a few weeks earlier at a significantly lower price. Thus, this market return is not a simple resumption of accumulation, but it provides insight into the financial arrangements that now mark this group's bitcoin strategy, between capital raises, liquidity management, and share buybacks.

L’article Strategy Resumes Bitcoin Buying After Nearly Two Months est apparu en premier sur Cointribune.

1h ago
bullish:

0

bearish:

0

Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.