So is it safe to say they were part of the cause for the spike in BTC price recently
Post
Rajo C
·
--
#strategystriveadd2305bitcointhisweek Strategy bought another 950 bitcoin last week
for $75.7 million, putting its stack back at 846,000 BTC.
That’s about 4% of all
bitcoin
that can ever exist, after the company sold some coins over the summer and started rebuilding.
It also spent $174 million buying back STRC preferred stock, so more cash went to the buyback than to bitcoin this time.$BTC $ROBO $GIGGLE
for $75.7 million, putting its stack back at 846,000 BTC.
That’s about 4% of all
bitcoin
that can ever exist, after the company sold some coins over the summer and started rebuilding.
It also spent $174 million buying back STRC preferred stock, so more cash went to the buyback than to bitcoin this time.$BTC $ROBO $GIGGLE