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via Decrypt · By Decrypt Editorial

Strategy Resumes Bitcoin Buys as Saylor Shifts Focus to 'Never Be a Net Seller'

BTC

BTC/USDT

$84,766.95
+1.44%
24h Volume

$18,852,818,132.71

24h H/L

$84,942.45 / $83,346.66

Change: $1,595.79 (1.91%)

Long/Short
56.7%
Long: 56.7%Short: 43.3%
Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$84,562.97

▲ 0.18%

Volume (24h): -

Resistance Levels
Resistance 3$99,648.20
Resistance 2$94,549.91
Resistance 1$85,369.74
Price$84,562.97
Support 1$84,364.01
Support 2$81,128.61
Support 3$77,001.87
Pivot (PP):$84,075.87
Trend:Uptrend
RSI (14):65.8
DE
Decrypt Editorial
(01:05 PM UTC)
1 min read
MR
Verified byMichael Roberts

In brief

  • Strategy Chairman Michael Saylor clarified that Strategy's break-even issuance rate at 2.3% would mean that it remains a net Bitcoin buyer even if it sells BTC for dividends.
  • CEO Phong Le said selling Bitcoin is on the table when it is more accretive to Bitcoin-per-share than selling MSTR equity.
  • The Bitcoin treasury firm resumed its Bitcoin buys after a pause last week, acquiring 535…

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Source

Decrypt Editorial · Decrypt

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