Strategy Resumes Bitcoin Buying: $80K Next?

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Michael Saylor's Strategy has raised funds to purchase at least 1,111 BTC this week, increasing the odds of sending prices higher in April.

Michael Saylor’s Strategy (MSTR) looks set to restart its Bitcoin accumulation engine after a short pause, with its STRC preferred stock likely funding fresh crypto purchases this week.

Strategy may purchase at least $76.25 million in Bitcoin this week.

Combined with a technical setup, Bitcoin may rise to $80,000 in April.

Strategy may buy at least 1,111 BTC this week
On Tuesday, STRC closed at $100.02, just above its $100 par value. Trading at or above par gives Strategy room to issue new shares, raise fresh capital and deploy the proceeds into Bitcoin.


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