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.
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.

