Strategy: STRC Rises 36% as BTC Purchases Pause
Strategy lifts STRC 36% from $71 while holding $6.69B cash after selling MSTR shares and pausing BTC buys since June 22.
SourceAnalysis
Strategy has paused all Bitcoin purchases since June 22, marking its longest stretch in years, while $STRC climbs 36% from the $71 low and sits just 2.65% from the $100 peg.
The firm instead sold MSTR shares to raise $2 billion last week, directing proceeds into $STRC repurchases, dividend reserves and a fresh $1.59 billion cash pool that brings total reserves to $6.69 billion. On the 4-hour chart BTC holds a bullish structure at $79172.21 above the EMA50 support at $74272.42, yet the MACD death cross at 1614.87 warns of fading momentum as price tests upper Bollinger resistance at $80482.88 with RSI at 63.68, suggesting a healthy pullback toward the EMA50 before any continuation.
Bull Theory
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