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via Cointelegraph · By Cointelegraph Staff

Saylor's Strategy May Slow BTC Buys after $28B STRC Issuance Cap: Delphi

BTC

BTC/USDT

$64,668.93
+0.46%
24h Volume

$5,094,155,719.76

24h H/L

$64,940.51 / $64,263.03

Change: $677.48 (1.05%)

Long/Short
64.1%
Long: 64.1%Short: 35.9%
Funding Rate

+0.0011%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$64,685.47

0.48%

Volume (24h): -

Resistance Levels
Resistance 3$70,467.59
Resistance 2$66,379.48
Resistance 1$65,295.47
Price$64,685.47
Support 1$64,050.00
Support 2$62,290.69
Support 3$57,800.19
Pivot (PP):$64,220.09
Trend:Uptrend
RSI (14):52.1
CS
Cointelegraph Staff
(02:42 PM UTC)
1 min read
MR
Updated byMichael Roberts
1356 views
0 comments

Strategy’s preferred stock funding engine could hit a key constraint within the next year, potentially slowing the company’s Bitcoin purchases unless it expands issuance capacity or leans more heavily on common-stock sales, according to Delphi Digital.

Delphi said Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, known as STRC, has become one of the company’s main Bitcoin-buying…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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