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Strategy Buys 950 Bitcoin and Rebuilds Its 846,000 BTC Hoard

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Strategy is buying bitcoin again, but the bigger number is already sitting on its balance sheet. Michael Saylor’s company picked up 950 BTC for $75.7 million last week, lifting its stash to exactly 846,000 BTC, roughly 4% of all bitcoin that can ever exist. At the same time, Strategy spent another $174 million repurchasing STRC […] Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Large institutional purchase adds buying pressure and confidence.

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