Galaxy Research says Bitcoin’s bear market ended in June, pointing to a reclaimed 50-week moving average, fading selling pressure, and a strengthening debasement case.
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The S-1 shows revenue up from $1.2 billion a year earlier, and a share structure that leaves a trust and the co-founders in control.
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Strategy made no Bitcoin purchases or sales last week, as its STRC preferred stock buybacks reduced its USD Cash balance by 46% to $242.4 million.
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The Bitcoin treasury firm's USD Cash balance fell to $242.4 million after its biggest weekly STRC buyback in more than a month.
