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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

$59,408.34
-2.92%
24h Volume

$35,810,774,562.74

24h H/L

$61,962.40 / $58,115.01

Change: $3,847.39 (6.62%)

Long/Short
70.9%
Long: 70.9%Short: 29.1%
Funding Rate

-0.0037%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$59,245.60

-3.00%

Volume (24h): -

Resistance Levels
Resistance 3$64,190.33
Resistance 2$61,809.89
Resistance 1$60,140.67
Price$59,245.60
Support 1$59,102.70
Support 2$57,392.27
Support 3$52,643.43
Pivot (PP):$60,140.67
Trend:Downtrend
RSI (14):29.5
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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