Community Articles

via Decrypt · By Decrypt Editorial

As Strategy Sells Bitcoin, Strive Doubles Down With $4.2 Billion Offering

BTC

BTC/USDT

$72,695.87
+5.86%
24h Volume

$36,240,304,413.04

24h H/L

$72,966.00 / $68,556.00

Change: $4,410.00 (6.43%)

Long/Short
51.4%
Long: 51.4%Short: 48.6%
Funding Rate

-0.0004%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$72,386.00

4.40%

Volume (24h): -

Resistance Levels
Resistance 3$76,859.07
Resistance 2$73,670.99
Resistance 1$72,666.77
Price$72,386.00
Support 1$70,603.82
Support 2$69,924.16
Support 3$67,062.90
Pivot (PP):$67,833.60
Trend:Uptrend
RSI (14):79.4
DE
Decrypt Editorial
(06:24 PM UTC)
1 min read
JM
Reviewed byJames Mitchell

In brief

  • Benchmark-StoneX initiated a "Buy" rating on Strive, praising its “nimble” debt-free framework and preferred stock.
  • Strive expanded its holdings to 19,000 BTC ($1.3 billion) and announced plans to increase an issuance program by $4.2 billion.
  • Despite targeting the same group of investors, analyst Mark Palmer described Strive and Strategy as friendly rivals.

Strive received a nod of…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Decrypt Editorial · Decrypt

Read original →

Comments
Comments