Markets· ★★★· bullish·

Bitcoin tops $84.5K as Saylor declares 'The bull market is calling'

  • —BTC gained 2.4% in 24 hours to $84,554, daily range $82,296–$84,720
  • —Strategy bought 267 BTC for $22.1 million at an average $82,900 on Oct. 12–18
  • —STRC buybacks totaled $193.1 million, 8.7x the weekly Bitcoin spend
  • —Strategy holds 848,517 BTC acquired for $64.02 billion at $75,446 average
Why it matters: The move above $84,200 breaks Bitcoin's local bearish structure, but Strategy's preferred-heavy spending raises questions about its funding model.
Source: crypto.news