Bitcoin steadies near $87,500 as Strategy discloses fresh buy; crypto-linked stocks mixed
Bitcoin hovered near $87,500 after briefly topping $90,000 in thin holiday trading Monday. Strategy Inc bought 1,229 bitcoins for $108.8 million, raising its holdings to 672,497 tokens, according to an SEC filing. Shares of Strategy, Coinbase, and major bitcoin miners slipped, while a key spot bitcoin ETF edged up. Bitcoin traded between $86,780 and $90,247 during the session.