One source so far

Strategy’s Bitcoin Holdings Hit New ATH After 1,037 BTC Purchase

№ 1637Published Nov 9, 01:50 PM UTC1 min read

💼 The world’s largest corporate holder of bitcoin doesn’t seem too threatened by the rather negative developments within crypto and, for that matter, all financial markets over the past few weeks. Michael Saylor’s brainchild has ramped up its efforts, spending $82 million to acquire more than 1,000 BTC.

Sources

CryptoPotato (RSS)Strategy’s Bitcoin Holdings Hit New ATH After 1,037 BTC Purchaseprimary

Key facts

01> Strategy has acquired 1,036 $BTC and repurchased $188M of $STRC.
02With bitcoin’s latest leg down that pushed it to under $74,000 earlier today and $74,800 as of press time, Strategy’s massive bitcoin stash has turned slightly red.
03Its price has recovered swiftly from the summer slumber and closed at $99.80 on Friday despite the broader Wall Street crash that wiped out $3 trillion from the S&P 500 alone on Thursday.
04As reported last Monday, the Nasdaq-listed entity accumulated 810 units for $65.5 million.
05Separately, Strive CEO Matt Cole said his company acquired 29 BTC for $2.2 million at an average price of $75,721 per unit.

How far to trust it

One source so far

Confidence 42/100

Timeline

Nov 9, 01:09 PM
First reported by CryptoPotato (RSS)
Nov 9, 01:50 PM
Published here

What the market did

Price after the story came out

	after 1 h	after 6 h	after 24 h
BTC from $74,577	too early	too early	too early

This is timing and prices, not a cause and not advice.

Strategy’s Bitcoin Holdings Hit New ATH After 1,037 BTC Purchase

Sources

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