CryptoCointelegraphabout 2 hours ago
Strategy Bitcoin sale may create durable bottom
1 min read
Strategy sold 3,588 BTC for $216 million to fund dividend payments and replenish cash. Grayscale Research said the move renewed confidence in STRC and may help Bitcoin find a more durable bottom. STRC reclaimed $90 for the first time in three weeks. Bitcoin recovered above $64,000 after an initial 2.4% drop.
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