ScienceCointelegraph2 days ago
Strategy's STRC drops to $91 on BTC buying fears
1 min read
Strategy's perpetual preferred stock STRC fell 3.58% to $91.79 on Tuesday, 8.2% below its $100 target value. Traders see the latest Bitcoin acquisitions as unsustainable for STRC, according to 10x Research's Markus Thielen. Strategy bought 1,587 Bitcoin for $100 million last week, bringing holdings to 846,842 BTC.
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