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08.06.26 - 17:51
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Saylor′s Strategy Buys The Dip As Bitcoin Nears Mining Cost Floor (ZeroHedge)
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Saylor's Strategy Buys The Dip As Bitcoin Nears Mining Cost Floor
A week after SELLING 32 Bitcoin - and (in part) triggering a waterfall decline in crypto - Bitcoin treasury company Strategy just BOUGHT an additional 1,550 BTC for approximately $101.3 million at an average price of $65,332 per bitcoin between June 1 and June 7, according to an 8-K filing with the SEC on Monday.
Strategy now holds a total of 845,256 BTC - worth around $53.5 billion - bought at an average price of $75,680 per bitcoin for a total cost of around $64 billion, including fees and expenses, according to the company's co-founder and executive chairman, Michael Saylor.
This means Saylor's horde represents 4% of bitcoin's 21 million supply cap.
Was Saylor's 'sale' last week designed to lower the price for this big purchase?
Bitcoin had been trading for around $73,700 before the sale announcement.
However, the news, despite increasingly being flagged by the company as a possibility in recent weeks, saw the mark...
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08.06.26 - 17:01
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Cryptos Rebound After Weekend Crash (AFX)
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WASHINGTON (dpa-AFX) - Cryptocurrencies have recorded strong gains in the past 24 hours amidst a surge in prices that triggered a liquidation cascade of short positions. Reports of Bitcoin purchas......
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08.06.26 - 14:15
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Bitcoin stabilisiert sich nach Fall unter 60.000 US-Dollar (DPA-AFX)
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FRANKFURT (dpa-AFX) - Der Bitcoin hat sich nach seinen jüngsten deutlichen Verlusten stabilisiert. Die älteste und bekannteste Digitalwährung kostete auf der Handelsplattform Bitstamp am Montag 63.346 US-Dollar. Der Bitcoin lag damit ungefähr auf dem ......
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