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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
$63,100.01
+0.08%
$63,100.01
+0.08%
(24s)24h Volume
$11,189,172,196.54
24h H/L
$63,999.00 / $62,436.59
Change: $1,562.41 (2.50%)
Long/Short
62.3%
Long: 62.3%Short: 37.7%
Funding Rate
+0.0017%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(01:46 PM UTC)
1 min read
972 views
0 commentsIn 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…
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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