Strategy Inc Buy 220 BTC, Make Dem Holdings Reach 640K for Turmoil

Strategy Inc, di biggest public company wey get Bitcoin, still dey buy more Bitcoin as e get 220 BTC between October 6–12 at average price of $123,561. Dem take $27.3 million wey dem gain from at-the-market preferred stock offers take pay for am, so now dem get total 640,250 BTC. Dis kain counter-cyclical move elevate di company bitcoin yield to 25.9% since beginning of year after nine weeks wey dem don dey buy over 21,000 BTC for $2.46 billion. Other big companies like MARA Holdings join dia package, add 400 BTC worth $46.31 million during one big $19.35 billion liquidation wey make prices drop from $121,560 to below $103,000. After dem announce am, Bitcoin dey trade between $113,800 and $114,400, wey show say sell pressure still dey. Technical charts dey show say down trend dey slow down, but di bearish trend still dey until price break $116,500 or fall below $112,000. Shares of Strategy Inc drop 4.8% after announcement but dem gain back small for pre-market trading. Di company still dey use capital market to dey gather more Bitcoin, wey show say institutional belief for Bitcoin as long-term value dey grow.