Source: DecenterKorea
Original Title: Bitcoin Consolidates, Strategy Purchases 13,627 More [Decenter Market]
Original Link: https://www.decenter.kr/NewsView/2K7ACC2RIC/GZ03
Bitcoin(BTC) is consolidating around $91,000. Even during the price correction phase, the world’s largest BTC holding publicly listed company Strategy made a large-scale additional purchase last week, continuing to take proactive actions.
According to data from global cryptocurrency market tracking websites, at 8:04 AM on January 13, BTC increased by 0.75% compared to 24 hours ago, with a trading price of $90,23.58. Ethereum(ETH) fell 0.37% to $3,088.74. Ripple(XRP) decreased 0.34% to $2.050, and Binance Coin(BNB) rose 0.40% to $904.41.
The domestic market shows a similar trend. On a leading exchange, BTC increased by 0.30% compared to 24 hours ago, quoted at 134.41 million Korean Won. ETH fell 0.35% to 4.56 million Won, and XRP dropped 0.98% to 3,023 Won.
According to reports from professional cryptocurrency media, Strategy has increased its Bitcoin holdings for the third consecutive week. This purchase is the largest since July last year. Last week, Strategy added 13,627 BTC at a total cost of $1.25 billion, with an average purchase price of approximately $91,519. After this purchase, Strategy’s total Bitcoin holdings expanded to 687,410 BTC, with a total investment of $51.8 billion, and an average buy-in price of about $75,353.
The funds for the purchase were raised through the issuance of $1.1 billion in common stock and $119.1 million in perpetual preferred stock “STRC.” Perpetual preferred stock is a type of capital security without maturity or mandatory redemption clauses, allowing funds to be raised without increasing debt burden.
The cryptocurrency data analysis company’s Fear & Greed Index decreased by 2 points from the previous day to 27, indicating a “fear” state. The closer the index is to 0, the more pessimistic investor sentiment; the closer to 100, the more overheated the market.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin is consolidating sideways, Strategy has once again made a large purchase of 13,627 BTC
Source: DecenterKorea Original Title: Bitcoin Consolidates, Strategy Purchases 13,627 More [Decenter Market] Original Link: https://www.decenter.kr/NewsView/2K7ACC2RIC/GZ03
Bitcoin(BTC) is consolidating around $91,000. Even during the price correction phase, the world’s largest BTC holding publicly listed company Strategy made a large-scale additional purchase last week, continuing to take proactive actions.
According to data from global cryptocurrency market tracking websites, at 8:04 AM on January 13, BTC increased by 0.75% compared to 24 hours ago, with a trading price of $90,23.58. Ethereum(ETH) fell 0.37% to $3,088.74. Ripple(XRP) decreased 0.34% to $2.050, and Binance Coin(BNB) rose 0.40% to $904.41.
The domestic market shows a similar trend. On a leading exchange, BTC increased by 0.30% compared to 24 hours ago, quoted at 134.41 million Korean Won. ETH fell 0.35% to 4.56 million Won, and XRP dropped 0.98% to 3,023 Won.
According to reports from professional cryptocurrency media, Strategy has increased its Bitcoin holdings for the third consecutive week. This purchase is the largest since July last year. Last week, Strategy added 13,627 BTC at a total cost of $1.25 billion, with an average purchase price of approximately $91,519. After this purchase, Strategy’s total Bitcoin holdings expanded to 687,410 BTC, with a total investment of $51.8 billion, and an average buy-in price of about $75,353.
The funds for the purchase were raised through the issuance of $1.1 billion in common stock and $119.1 million in perpetual preferred stock “STRC.” Perpetual preferred stock is a type of capital security without maturity or mandatory redemption clauses, allowing funds to be raised without increasing debt burden.
The cryptocurrency data analysis company’s Fear & Greed Index decreased by 2 points from the previous day to 27, indicating a “fear” state. The closer the index is to 0, the more pessimistic investor sentiment; the closer to 100, the more overheated the market.