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CryptoSlate

Strategy has $785 million left to close STRC’s final $5 gap after selling $213 million in Bitcoin

Strategy has $785 million left to close STRC’s final $5 gap after selling $213 million in BitcoinWorldPing

Strategy’s preferred stock STRC is steadily moving back toward its $100 target as the Bitcoin treasury company increases its purchases of the shares. Data from STRC.

This is a short WorldPing brief. The full report was published by CryptoSlate.

Read the full report at CryptoSlate

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Bitcoin Drops Below $64,000 as Strategy Sells 1,690 BTC

Bitcoin fell below $64,000 on Aug. 10 after briefly reaching an intraday high of $65,416. The sudden price drop erased nearly 2% of bitcoin’s market capitalization, reducing it to $1.28 trillion and wiping out over $47 million in long leveraged positions.

Brief by WorldPing · Original reporting by Bitcoin.com