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Strategy buys 1,665 Bitcoin for $143M as BTC stack hits 847,666
Published Source: CoinTelegraphRead original
Crypto Insight Summary: Strategy sold 1.47 million MSTR shares for $246.2 million, using the proceeds for Bitcoin purchases and STRC preferred stock repurchases. Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large institutional Bitcoin purchase signals ongoing institutional demand.