
reza21 🎩
@reza21
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Strategy, led by Michael Saylor, increased its holdings by buying 6,911 bitcoins worth more than $584 million between March 17 and 23, at an average price of $84,529 per coin.
Strategy now holds more than 500,000 bitcoins, according to a filing with the U.S. Securities and Exchange Commission today. The firm’s total bitcoin holdings have reached 506,137, with a total purchase price of about $33.7 billion, or an average price of $66,608 per bitcoin.
The purchase came a day after the company announced the pricing of its latest series of preferred shares on March 21. The preferred shares were sold at $85 per share and carry a 10% coupon, and are expected to yield about $711 million in proceeds. 0 reply
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The cryptocurrency market has seen a sharp decline today, with the total market value falling 4.90% to $2.99 trillion. At the same time, trading volume increased by 75.57% to $143.57 billion, indicating widespread selling due to investor panic. The Fear and Greed Index also fell to 29, adding to the market’s concerns.
Donald Trump’s comments about imposing import tariffs on Canada and Mexico have increased economic uncertainty. In addition, over $914 million in trading positions have been liquidated in the past 24 hours, fueling the selling pressure in the market.
Bitcoin’s price has reached the $89,000 range, while altcoins such as Ethereum, Solana, and Ripple have also experienced price declines of 8.24, 12.02, and 8.41 percent, respectively. Meanwhile, IP Token has seen the biggest increase with a 27.20% increase, while Lido DAO has recorded the biggest decrease with a 14.48% drop. 0 reply
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