Strategy Keeps Buying: Third Purchase This Month Brings October Spending to $73 Million
Bitcoin Magazine Strategy Keeps Buying: Third Purchase This Month Brings October Spending to $73 Million The bitcoin treasury company notched its third buy of October last week. This post Strategy Keeps Buying: Third Purchase This Month Brings October Spending to $73 Million first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
Strategy, the bitcoin treasury company, made its third BTC purchase of October last week, bringing its total monthly spending to $73 million. The continued accumulation signals persistent corporate demand for bitcoin even at current price levels. Traders may read the steady buying as a modest confidence signal, though the amounts are small relative to Strategy's prior large purchases.