Bitcoin Supply Shock? Saylor’s Latest Buy Puts Strategy Ahead Of BlackRock
Strategy Inc. bought 3,273 bitcoin for $255 million last week, raising its total holdings to 818,334 BTC and keeping it ahead of BlackRock’s iShares Bitcoin Trust. Galaxy Digital CEO Mike Novogratz warned that Strategy’s pace could strain supply. Bitcoin traded near $77,660 after nine days of U.S. spot ETF inflows. Strategy funded the purchase by selling 1.45 million shares through an at-the-market program.