Strategy added 811 $BTC to its Bitcoin treasury for $65.5 million over the week ended Nov. 1, raising its holdings to 849,327 $BTC worth approximately $66 billion.
The purchase was financed through MSTR stock sales, which generated $164 million in net proceeds between Oct. 26 and Nov. 1. Strategy allocated $65.5 million to Bitcoin and kept the remaining $98.5 million in USD Cash.
Bitcoin dipped below $77,000 last week as the market digested the fallout from the $6.3 billion Binance hack.
cryptobriefing.com
