Michael Saylor and team purchased 487 bitcoin over the past few days, bringing company holdings to 641,692 coins.
Strategy Adds $50M in Bitcoin as Bottom Signs for the Stock Emerge
Michael Saylor and team purchased 487 bitcoin over the past few days, bringing company holdings to 641,692 coins.
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Broader crypto markets are pressured by weak risk sentiment and technical trading patterns.
The project is taking advantage of an increasingly popular fundraising method known as "node sales" just months after a traditional $12 million fundraise.
A meme coin issued on Bitcoin's Runes protocol is nearing a $1 billion market cap following a 200% surge over the past 30 days.
The Wall Street bank said fading crypto momentum could be flagging trouble for equities, though improving liquidity may revive the year-end rally.