Strategy Leverages Preferred Stock Issuance for $2 Billion Bitcoin Buy

BTC

BTC/USDT

$84,432.01

+1.36%

$84,432.01

+1.36%

(24s)

24h Volume

$19,071,658,481.97

24h H/L

$84,942.45 / $83,156.00

Change: $1,786.45 (2.15%)

Long/Short

56.7%

Long: 56.7%Short: 43.3%

Funding Rate

+0.0020%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,644.26

▲ 0.28%

Volume (24h): -

Resistance Levels

Resistance 3$99,648.20

Resistance 2$94,549.91

Resistance 1$85,369.74

Price$84,644.26

Support 1$84,364.01

Support 2$81,859.10

Support 3$77,001.87

Pivot (PP):$84,075.87

Trend:Uptrend

RSI (14):66.0

Decrypt Editorial

(02:50 PM UTC)

1 min read

Strategy purchased 24,869 Bitcoin last week for $2 billion, marking its largest acquisition in nearly a month.
The purchase was funded by issuing nearly $2 billion in Stretch (STRC) preferred shares right before its ex-dividend date.
CEO Phong Lee reported a year-to-date "BTC Gain" of $6.6 billion, highlighting "digital credit" as a key driver.

Strategy unveiled its largest Bitcoin…