Memes

Strategy Sells $109M in Bitcoin as Dollar Reserve Tops $4.6B

Decrypt18h agoUpdated 16h ago
Strategy Sells $109M in Bitcoin as Dollar Reserve Tops $4.6B
Smart Read

All of the proceeds went into a $109 million STRC buyback, while the company sold six times as much again in its own stock.

Coins in this story

BTC
₹63,922.00
-2.10%
ETH
₹1,873.20
-2.80%
XRP
₹1.02
-2.30%

Discussion

Related stories

Decrypt

Web3 Is Building Financial Freedom Only for People Who Can Afford Mistakes

When the same mistake recurs across many users, it stops being client error and becomes product data, argues ChangeNOW's Pauline Shangett.

Decrypt

XRP Price Weakens as Crypto Market Awaits Clarity

XRP is trading just above $1.00, still pinned under a death cross, as the legislative tailwind that lifted it in July loses steam.

Decrypt

Hackers Drain $8 Million From Crypto Exchange Across Two Blockchains

The attacker moved funds across Tron and Ethereum before routing millions through crypto exchanges, while later wallet activity offers clues about how the breach occurred.

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.