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Strategy Buys 1,665 More Bitcoin as Its BTC Treasury Hits 847,666

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Strategy’s bitcoin shopping spree has rolled into another week, but this time, the company was buying back its own securities, too. Between Sept. 21 and Sept. 27, the firm acquired 1,665 BTC at an average price of $85,681 per coin, including fees and expenses. The purchase pushed its holdings to 847,666 BTC, accumulated for approximately […] Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large institutional purchase signals continued demand but market impact is limited by price averaging.

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