BTC pushed to an 11-week high with dynamics for a short squeeze building, one analyst noted.
MicroStrategy
Bitcoin is seeing a short squeeze dynamic and steady U.S. demand to support gains.
Leveraged accumulation and new capital tools push MSTR ahead of the world’s largest spot bitcoin ETF.
Last week's purchases were funded by sales of the companies perpetual preferred stock, STRC and common stock.
Strategy aim to reduce volatility, enable consistent bitcoin buying, and create the only bi-monthly paying preferred shares...
Bitcoin climbs above its 100 day moving average, while Strategy moves back above its 200 week trend...
Firms and protocols are accumulating Strategy’s preferred stock to capture yield and bitcoin-linked exposure.
Estimated bitcoin purchase from STRC of around 7,800 BTC could mark the largest single-day addition since the...
