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Strategy Buys $22M in Bitcoin, Buys Back $193M of STRC

Published Source: DecryptRead original

Crypto Insight Summary: The Bitcoin treasury firm raised its preferred stock buyback cap to $3 billion and now holds 848,517 BTC, bought at an average of $75,446. Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large BTC purchase signals institutional demand, but $22M is relatively small for BTC market cap.

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Strategy Buys $22M in Bitcoin, Buys Back $193M of STRC — Crypto Insight