Bitcoin drops below $64,000, Strategy sells 1,690 BTC to raise $108.6 million
2026-08-10 18:11
Odaily Planet Daily News Bitcoin fell below $64,000 on August 10, after previously hitting an intraday high of $65,416. The price pullback reduced Bitcoin's market cap from $1.3 trillion to $1.28 trillion in less than 4 hours, with long-position liquidations across the network exceeding $47 million and short-position liquidations exceeding $12 million in the past 24 hours.
Bitcoin treasury company Strategy sold 1,690 BTC between August 3 and 9 at an average price of $64,262, raising $108.6 million, and repurchased 1,152,020 shares of STRC preferred stock. Following the transaction, Strategy holds 840,447 BTC at an average purchase price of $75,385.
Strategy CEO Phong Le stated that the company's dollar reserves and duration both hit all-time highs, increasing by nearly $3.8 billion over the past 2.5 months, with both metrics growing more than 5-fold. Peter Schiff, meanwhile, questioned the rationale behind Strategy's repurchase of STRC preferred stock and its holding of common shares. (Bitcoin.com News)
Bitcoin treasury company Strategy sold 1,690 BTC between August 3 and 9 at an average price of $64,262, raising $108.6 million, and repurchased 1,152,020 shares of STRC preferred stock. Following the transaction, Strategy holds 840,447 BTC at an average purchase price of $75,385.
Strategy CEO Phong Le stated that the company's dollar reserves and duration both hit all-time highs, increasing by nearly $3.8 billion over the past 2.5 months, with both metrics growing more than 5-fold. Peter Schiff, meanwhile, questioned the rationale behind Strategy's repurchase of STRC preferred stock and its holding of common shares. (Bitcoin.com News)
Bài viết đề xuất
