Strategy Leverages Preferred Stock Issuance for $2 Billion Bitcoin Buy

BTC

BTC/USDT

$74,983.87

+7.90%

$74,983.87

+7.90%

(24s)

24h Volume

$39,062,333,461.08

24h H/L

$75,785.82 / $69,336.97

Change: $6,448.85 (9.30%)

Long/Short

52.3%

Long: 52.3%Short: 47.7%

Funding Rate

+0.0037%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$74,763.10

▲ 2.38%

Volume (24h): -

Resistance Levels

Resistance 3$78,568.57

Resistance 2$76,859.07

Resistance 1$75,785.82

Price$74,763.10

Support 1$73,884.38

Support 2$72,789.19

Support 3$70,151.58

Pivot (PP):$71,775.79

Trend:Uptrend

RSI (14):82.6

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…