By Chayanika Deka Another push above $65,000 failed to hold on Tuesday, sending Bitcoin back below $64,000. The crypto asset was down more than 1.6% over the past day. Against this backdrop, large BTC wallets are back at levels not seen in months. Meanwhile, smaller holders are steadily losing ground. Elite Wallets Are Moving Up […]
Tag: MSTR
Key highlights: Strategy has offloaded 1,690 BTC to fund its STRC stock buybacks The company also sold MSTR shares, using proceeds to increase its US dollar reserves to over $4.6 billion While Strategy is dumping its BTC, other firms are ramping up their accumulation spree Strategy has sold 1,690 Bitcoin (BTC) for $106 million over […]
Key highlights: Maxim Group reduced its MSTR target from $250 to $215 This came after Strategy sold more Bitcoin this week Cantor Fitzgerald and B. Riley also lowered their MSTR price targets Wall Street is gradually changing from its bullish stance on Strategy’s MSTR. Maxim Group is the latest institution to cut its target for […]