Strategy bought 811 BTC for approximately $65.5 million, bringing its holdings to 849,327 BTC. The purchase was funded by the sale of MSTR shares and accompanied by the buyback of about 2.1 million STRC shares, while $98.5 million was retained in cash. Strive acquired 124 BTC for roughly $10 million, raising its holdings to 43,124 BTC, following a previous purchase of more than 6,000 BTC. A Binance hack estimated at $6.3 billion sent bitcoin down 3.6% for the week, driving MSTR shares about 9% lower and Strive shares around 20% lower.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
