Institutional tracking | Don’t mistake financing amounts for BTC buying demand.
A CoinDesk report on October 24 quoted an analyst: In its latest weekly report, Strategy spent $193 million repurchasing STRC and also bought 267 BTC. These figures are for the week, not today’s transactions.
My view: Buybacks, dividends, and increasing holdings all compete for the same cash. To track institutions, focus on how funds are actually used after financing—not just the fundraising headlines. Source: CoinDesk.
A CoinDesk report on October 24 quoted an analyst: In its latest weekly report, Strategy spent $193 million repurchasing STRC and also bought 267 BTC. These figures are for the week, not today’s transactions.
My view: Buybacks, dividends, and increasing holdings all compete for the same cash. To track institutions, focus on how funds are actually used after financing—not just the fundraising headlines. Source: CoinDesk.