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Strategy buys $370M Bitcoin in first corporate purchase since June

Published Source: CoinTelegraphRead original

Crypto Insight Summary: Strategy added to its BTC treasury for the first time in two months, while continuing to bolster its cash reserves and buy back its perpetual STRC preferred stock. Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large institutional purchase boosts market sentiment but limited in scale for broader impact.

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Strategy buys $370M Bitcoin in first corporate purchase since June — Crypto Insight