Strategy (MSTR) expanded its Bitcoin (BTC) holdings last week, purchasing 1,587 BTC for roughly $100 million, according to a filing submitted on Monday. The purchase increased Strategy's total holdings to 846,842 BTC, acquired at an average cost basis of $75,656 per Bitcoin.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) remain under pressure mid-week, as the broader cryptocurrency market struggles to regain recovery momentum after last week’s massive correction.
Ripple (XRP) and Stellar (XLM) remain under pressure on Tuesday after a mild recovery following a massive correction in the previous week.