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Strategy buys 811 bitcoin for $65.5M as reserve hits $4.9B

Strategy buys 811 bitcoin for $65.5M as reserve hits $4.9B
AI summary

Strategy bought 811 bitcoin for about $65.5 million, lifting its total holdings to 849,327 BTC, while its U.S. dollar assets reached $4.9 billion. The company also repurchased $208.2 million of STRC preferred stock. Traders watch Strategy's purchases as a signal of persistent corporate demand, and the added bitcoin removes supply from the market.

Narrative history
5 linked stories · 6 outlets · since 2 Nov
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    Strategy buys 811 bitcoin for $65.5M as reserve hits $4.9B
    Bitcoin.com News · Score 55
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    Bitcoin Magazine · Score 55 · via 811, 811 bitcoin
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