【Market Flash】They said they’d buy less the closer it got to $100, but Strategy spent a record $193.1 million buying back STRC last week at an average price of $99.60! Back in July, when it was at $86.53, they bought only about $25 million. The higher the price, the more aggressively they buy. Buybacks since July total $1.84 billion, and the authorization has been raised from $2 billion to $3 billion. The money is mainly coming from issuing more MSTR shares, diluting shareholders. Is this price support or buying at the top? Type 1 if bullish, 2 if bearish.
$BTC $MSTR $STRC
#比特币 #Strategy #Buybacks
(Source: Protos)
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