Strategy (MSTR) has formed a ‘Golden Cross’ for the first time since March 2023, a technical indicator where the 50-day moving average crosses above the 200-day moving average. The company repurchased 193 million dollars worth of its STRC preferred shares while acquiring an additional 267 Bitcoin. Strategy’s Bitcoin holdings now total 848,517 BTC, worth 69.54 billion dollars, with 5.3 billion dollars in USD assets to support its obligations. The company also expanded its Digital Credit Securities Repurchase Program from 2 to 3 billion dollars, while Peter Schiff questioned Michael Saylor’s Bitcoin accumulation strategy.
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