Strategy skips Bitcoin, spends $205M on STRC buybacks

Crypto Insight Summary: Strategy (NASDAQ: MSTR) did not buy any Bitcoin during the week between October 19 and 25, according to its October 26 filing with the US Securities and Exchange Commission (SEC). Instead, 100% of the money spent by the firm, led by founder and executive chairman Michael Saylor, last week went to buying back $204.9 million... Crypto Insight Analysis: Direction: Bearish BTC / Neutral MSTR Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: MSTR's shift from BTC to stock buybacks signals reduced institutional demand for Bitcoin.