CryptoUpdated November 2

Strategy resumes Bitcoin buying with a $65.5 million purchase

After a one-week pause, Strategy bought 811 BTC for $65.5 million between Oct. 26 and Nov. 1. The purchase came from $164 million in net proceeds from MSTR share sales: $65.5 million funded the Bitcoin buy, while $98.5 million was allocated to USD Cash. Bitcoin buying was back, but it was the smaller move of the week: Strategy spent $208.2 million buying back STRC preferred shares.

2 publishers2 reports

Coverage started November 2