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Cryptorank

What Next For Bitcoin Price as Strategy Raises STRE Offering to $715M?


by Coin Edition
for CoinEdition
What Next For Bitcoin Price as Strategy Raises STRE Offering to $715M?
  • Strategy upsized its Stream Perpetual Preferred Stock (STRE) to €620 million ($715 million) for future Bitcoin acquisitions.
  • Bitcoin dropped below $100,000 as risk sentiment soured amid the prolonged U.S. government shutdown.
  • Volume Delta turns positive, hinting at accumulation near the $100K psychological level.

Bitcoin price fell to intraday lows below $100,000 on Friday, aligning with steep sell-offs across U.S. equities as White House adviser Kevin Hassett warned of a worse-than-expected impact of the ongoing US government shutdown.

Amid the market-wide corrections, Bitcoin investment firm Strategy raised its Stream Perpetual Preferred Stock (STRE) offering to €620 million ($715 million). 

Read The Full Article What Next For Bitcoin Price as Strategy Raises STRE Offering to $715M? On Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin Price Prediction: Breakdown Deepens And $98,500 Comes Into Play

Bitcoin Price Prediction: Breakdown Deepens And $98,500 Comes Into Play

Bitcoin price today trades near $102,436 after breaking below a multi-month trendline...
Bitcoin Price Prediction: BTC Faces Pressure as Bulls Struggle to Regain Momentum

Bitcoin Price Prediction: BTC Faces Pressure as Bulls Struggle to Regain Momentum

Bitcoin (BTC) trades near $101,358 as it struggles to regain momentum after retreatin...

What Next For Bitcoin Price as Strategy Raises STRE Offering to $715M?


by Coin Edition
for CoinEdition
What Next For Bitcoin Price as Strategy Raises STRE Offering to $715M?
  • Strategy upsized its Stream Perpetual Preferred Stock (STRE) to €620 million ($715 million) for future Bitcoin acquisitions.
  • Bitcoin dropped below $100,000 as risk sentiment soured amid the prolonged U.S. government shutdown.
  • Volume Delta turns positive, hinting at accumulation near the $100K psychological level.

Bitcoin price fell to intraday lows below $100,000 on Friday, aligning with steep sell-offs across U.S. equities as White House adviser Kevin Hassett warned of a worse-than-expected impact of the ongoing US government shutdown.

Amid the market-wide corrections, Bitcoin investment firm Strategy raised its Stream Perpetual Preferred Stock (STRE) offering to €620 million ($715 million). 

Read The Full Article What Next For Bitcoin Price as Strategy Raises STRE Offering to $715M? On Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin Price Prediction: Breakdown Deepens And $98,500 Comes Into Play

Bitcoin Price Prediction: Breakdown Deepens And $98,500 Comes Into Play

Bitcoin price today trades near $102,436 after breaking below a multi-month trendline...
Bitcoin Price Prediction: BTC Faces Pressure as Bulls Struggle to Regain Momentum

Bitcoin Price Prediction: BTC Faces Pressure as Bulls Struggle to Regain Momentum

Bitcoin (BTC) trades near $101,358 as it struggles to regain momentum after retreatin...