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"Strategy expected to add around 4,500 more bitcoins this week"

Source
Uk Jin

Summary

  • BitcoinTreasury.net reported that Strategy is estimated to make an additional purchase of about 4,535 bitcoin (BTC) this week.
  • It said the purchase size is based on roughly $300 million raised through the preferred stock Stretch (STRC).
  • It noted the figure is an estimate based on trading data, and the actual bitcoin purchase size is expected to be confirmed through a future disclosure.

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Photo=Lee Young-min, Bloomingbit reporter
Photo=Lee Young-min, Bloomingbit reporter

An analysis suggests that Strategy, the world’s largest corporate holder of bitcoin (BTC), is expected to purchase about 4,500 more bitcoins this week.

On the 3rd (KST), BitcoinTreasury.net reported that Strategy is estimated to buy roughly 4,535 bitcoins this week using funds raised through its preferred stock Stretch (STRC). That amounts to about $300 million.

Strategy has recently been raising investor funds through Stretch and continuing to buy bitcoin with the proceeds.

However, the figure is an estimate based on trading data, and the actual purchase size is expected to be confirmed through a future disclosure.

Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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