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via Decrypt · By Decrypt Editorial
Strategy Buys Bitcoin, Pads Cash Reserves Following Biggest Weekly Stock Drop Since 2022
BTC
BTC/USDT
$72,728.09
+6.17%
$72,728.09
+6.17%
(24s)24h Volume
$36,372,633,382.03
24h H/L
$72,966.00 / $68,499.99
Change: $4,466.01 (6.52%)
Long/Short
51.4%
Long: 51.4%Short: 48.6%
Funding Rate
-0.0003%
Shorts pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(01:46 PM UTC)
1 min read
In brief
- Strategy shares pared losses after it purchased 1,550 Bitcoin for $101 million, boosting its total holdings to 845,256 BTC.
- The company grew its cash position back to $1 billion after depleting most of that stockpile to repurchase debt weeks ago.
- The move follows the company’s first Bitcoin sale in years, which triggered its worst weekly performance since November 2022.
Strategy said…
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