Strategy Buys Bitcoin, Pads Cash Reserves Following Biggest Weekly Stock Drop Since 2022

BTC

BTC/USDT

$84,356.97

+0.19%

$84,356.97

+0.19%

(24s)

24h Volume

$21,454,142,201.14

24h H/L

$84,942.45 / $82,874.93

Change: $2,067.52 (2.49%)

Long/Short

57.4%

Long: 57.4%Short: 42.6%

Funding Rate

+0.0021%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,264.00

▼ -0.17%

Volume (24h): -

Resistance Levels

Resistance 3$94,549.91

Resistance 2$86,763.46

Resistance 1$84,366.01

Price$84,264.00

Support 1$83,209.30

Support 2$77,001.87

Support 3$75,259.66

Pivot (PP):$84,075.87

Trend:Uptrend

RSI (14):64.9

Decrypt Editorial

(01:46 PM UTC)

1 min read

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…