By Hassan Shittu Key highlights: Strategy bought 1,666 BTC, a 75% increase from last week’s 950 BTC, bringing total holdings to 847,666 BTC The purchase was funded by selling 1.47M MSTR shares ($246.2M raised), with $142.7M allocated to Bitcoin and $103.5M to STRC preferred stock repurchases Purchase size varies week-to-week depending on equity raise proceeds […]
Tag: USD
By admin The August US nonfarm payrolls report delivered a significant upside surprise, with employment rising by approximately 162,000 jobs against consensus estimates that had called for a much smaller gain of around 50,000 to 65,000. The unemployment rate held steady at 4.1 percent while labor force participation edged higher, painting a picture of a […]
By Jordan Lyanchev Strategy’s co-founder and former CEO, Michael Saylor, took it to X earlier today to post another cryptic comment, which the community is trying to decipher. Alongside a chart showing that the company’s over 110 BTC purchases made in the past six years, Saylor said, “We’re ₿ack.” Naturally, most comments below the post […]