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


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

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  • 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.

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In This News

Coins

$ 64.06K

+0.07%

$ 0.00...361

$ 1.58

$ 0.000437

-1.66%

Funds

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In This News

Coins

$ 64.06K

+0.07%

$ 0.00...361

$ 1.58

$ 0.000437

-1.66%

Funds

Predictions Markets

See what traders are focused on

View analytics →
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