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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

$61,579.54

-1.56%

$61,579.54

-1.56%

(24s)

24h Volume

$29,637,628,293.14

24h H/L

$63,239.06 / $59,102.70

Change: $4,136.36 (7.00%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

-0.0001%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$61,588.73

▲ 0.84%

Volume (24h): -

Resistance Levels

Resistance 3$68,215.38

Resistance 2$64,719.41

Resistance 1$62,731.90

Price$61,588.73

Support 1$61,067.23

Support 2$59,102.70

Support 3$52,643.43

Pivot (PP):$61,412.02

Trend:Downtrend

RSI (14):35.6

Decrypt Editorial

(01:05 PM UTC)

1 min read

Verified byMichael Roberts

740 views

0 comments

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…

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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Source

Decrypt Editorial · Decrypt

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