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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

$77,616.52
+8.97%
24h Volume

$43,246,629,602.65

24h H/L

$77,666.00 / $71,132.00

Change: $6,534.00 (9.19%)

Long/Short
51.6%
Long: 51.6%Short: 48.4%
Funding Rate

+0.0064%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$76,374.00

4.58%

Volume (24h): -

Resistance Levels
Resistance 3$82,048.13
Resistance 2$78,313.77
Resistance 1$76,859.07
Price$76,374.00
Support 1$74,649.36
Support 2$72,756.22
Support 3$70,151.58
Pivot (PP):$71,775.79
Trend:Uptrend
RSI (14):84.3
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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