PiCK

Strategy Seen Buying About 8,000 More Bitcoin This Week

Source

Uk Jin

Summary

Strategy, the world’s largest corporate holder of Bitcoin, is estimated to buy about 8,000 Bitcoin more this week.
Strategy has continued its Bitcoin purchases using funds raised through preferred stock STRC.
BitcoinTreasuries.net projected last week, based on STRC trading data, that Strategy would buy about 4,500 Bitcoin, and it ultimately purchased 4,871.

Forecast Trend Report by Period

Strategy, the world’s largest corporate holder of Bitcoin, is estimated to buy about 8,000 more of the cryptocurrency this week.

BitcoinTreasuries.net reported on Aug. 10 that Strategy is projected to purchase roughly 8,000 Bitcoin this week using funds raised through its STRC preferred stock.

Strategy has recently been raising capital through STRC and using the proceeds to continue buying Bitcoin.

Last week, BitcoinTreasuries.net projected based on STRC trading data that Strategy would buy about 4,500 Bitcoin. The company ultimately purchased 4,871 Bitcoin last week.

BTC