Strategy buys 1,036 Bitcoin, repurchases $188 million of STRC
52Importance
updatingStatus
3News media
- Published
- Updated
Key claims & sources
Summary in preparation.
Market reaction i
Bitcoin fell 0.3% in the 4 hours after the first headline, after rising 0.6% in the 2 hours before.
$74,896
price at the headline
+0.6%
2 h before
-0.3%
4 h after
-0.3%
1 h after (so far)
First headline
25 prices, one every 30 minutes · The move was larger before the first headline than after: an observation, not an explanation. The market also moves on things nobody publishes.
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
first
Crypto Briefing
scoop
Nov 9 13:05
Crypto Briefing
scoop
Breaks the event: $188M and $82M
+19 min
Nov 9 13:24
Decrypt
+29 min
Crypto News Flash
adds
Nov 9 13:34
Crypto News Flash
adds
Adds $4.9B and $680M, with quotes
Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 7 days ago | Strive’s Bitcoin Buying Slows to 124 BTC, About 2% of the Prior Week’s Total event | 1 actors in common · 5 news media |
| 7 days ago | Strategy buys 811 Bitcoin, repurchases $208 million in STRC shares event | 1 actors in common · 11 news media |
| 14 days ago | Strategy repurchases $205 million of STRC stock, skips Bitcoin buying ahead of Fed rate call event | 1 actors in common · 9 news media |
| 14 days ago | Strive Buys 6,182 Bitcoin for $511 Million, Lifting Holdings to 43,000 BTC event | 1 actors in common · 11 news media |
| 14 days ago | Token2049: Bitmine Caps Ethereum Treasury at 5% Supply as Chairman Tom Lee Declares New Bull Run event | 1 actors in common · 5 news media |