Bitcoin Giant Strategy's Bitcoin Purchase Volume Drops 91% Amid STRC Price Decline
Bitcoin Giant Strategy significantly reduced its Bitcoin purchase volume by 91%, buying 3,273 Bitcoin for $255 million, compared to 34,164 Bitcoin for $2.54 billion the previous week. The company now holds 818,334 Bitcoin valued at $63.6 billion, with its stockpile showing a $1.8 billion gain. The decline in purchases coincides with a cooldown in the price of STRC, its variable-rate preferred share.
Topics: Bitcoin Corporate Strategy Dividends Market Value STRC