Strategy Adds $100M in Bitcoin as BTC Holds Above $63,000

The firm purchased 1,550 BTC after a controversial sale, while Bitcoin remains near $63,386 amid broader crypto market volatility. Strategy acquired an additional $100 million worth of Bitcoin, bringing its total to 1,550 BTC following a disputed 32 BTC sale. The purchase

The firm purchased 1,550 BTC after a controversial sale, while Bitcoin remains near $63,386 amid broader crypto market volatility.

Strategy acquired an additional $100 million worth of Bitcoin, bringing its total to 1,550 BTC following a disputed 32 BTC sale. The purchase comes as Bitcoin trades at $63,386, up 1.24% on the day, maintaining support above $63,000.

The crypto market cap stands at $2.26 trillion, with Bitcoin dominance at 56.2%. Ethereum rose 2.37% to $1,690, while the Fear & Greed Index remains at 10, signaling extreme fear. Altcoins showed mixed performance, with small-cap tokens like Ecomi and Power Protocol posting gains of over 40%.

Recent funding rounds included Edge Markets raising $29 million in a Series A led by CoinFund, while Xeffy secured $15 million in a private token sale and $5 million in an angel round.

Leave a Reply

Your email address will not be published. Required fields are marked *