Bitcoin Surges Above $85,000 as Strategy Stops BTC Purchases
15 Articles
15 Articles
Bitcoin Surges Above $85,000 as Strategy Stops BTC Purchases
Bitcoin climbed above $85,000 after Strategy purchased 950 BTC, bringing its holdings to approximately 846,000 coins. Ethereum also gained as Bitmine Immersion expanded its reserves to nearly six million ETH. Crypto sentiment strengthened, with PEPE and Dogecoin posting strong gains, while regulatory uncertainty in the U.S. and Europe continues shaping the industry.
Strategy Buys 950 Bitcoin After Three Week Pause
TLDR Strategy bought 950 Bitcoin for about $75.7 million, its first purchase since late August The company now holds 846,000 Bitcoin, bought over time for a total of $63.8 billion Strategy sold no shares through its stock program between September 14 and 20 Fidelity’s Bitcoin ETF overtook BlackRock’s in daily inflows on September 18 Strategy’s [...]
Bitcoin saw an eight-month peak as it rose close to 5 percent above $85,000. Strategy's new purchase of 950 Bitcoins supported the rally, while strong gains were also seen in Ethereum, XRP, Solana, and Cardano.
Bitcoin Rockets Past $85,000 Days After the Senate Killed Crypto's Favorite Bill
Bitcoin surged past $85,000 on September 21, its highest level since January, just days after the Senate rejected the Clarity Act in a failed cloture vote. Michael Saylor's Strategy bought 950 bitcoin during the rally, its first purchase in three weeks, even as the rally itself looked driven mainly by a $648 million short squeeze rather than organic buying.
Strategy, the world's largest Bitcoin (BTC) holder, announced on September 21st that it had purchased 950 BTC between September 14th and 20th for approximately $75.7 million (approximately $119...). The post Strategy makes additional BTC purchase after 3 weeks first appeared on NADA NEWS.
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