Strategy Shares Fall After Bitcoin Giant Reveals $100 Million BTC Buy
Shares in Bitcoin treasury firm Strategy are down after it purchased around $100 million worth of BTC, pushing its holdings to $72 billion.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Block’s $45 Million Settlement and Strategy’s 3,588 BTC Sale Headline a Pivotal Week for Crypto
Block pays $45M over false security claims, Zapper shuts down, Paradigm raises $1.2B, INTERPOL arrests 5,800, and Strategy sells 3...
CHART: Value of Tesla’s BTC holdings have fallen by two-thirds
Tesla became one of the early firms to embrace BTC, adding it to its balance sheet in 2021; however, it all but abandoned this ini...
Bitcoin’s New Debt Machine is Facing Its First Major Test
Bitcoin Magazine Bitcoin’s New Debt Machine is Facing Its First Major Test Public companies kept stacking Bitcoin in June, but the...
Tether’s $25 Million Telecom Bet Extends Its Push Beyond Stablecoins
Tether is again making it clear that it does not want to be viewed only as a stablecoin issuer. Its $25 million investment in tele...
JPMorgan Says the Real Threat to Bitcoin Isn’t Strategy (MSTR) — It’s Private Blockchains
Bitcoin Magazine JPMorgan Says the Real Threat to Bitcoin Isn’t Strategy (MSTR) — It’s Private Blockchains Strategy’s recent bitco...
INTERPOL-led global fraud crackdown arrests over 5,800, uncovers crypto laundering network tied to $122.5 million wallet
The operation uncovered a crypto laundering network using cross-chain swaps to obscure funds, with one wallet processing $122.5M i...