Exchanges· ★★★· neutral·

Strategy slows bitcoin purchases as buybacks take priority ahead of earnings

  • —Strategy reduced the pace of bitcoin purchases ahead of Q3 earnings
  • —Priority shifted toward the company's share buyback program
  • —Strategy remains the largest corporate holder of bitcoin
Why it matters: Slower buying from the largest corporate BTC holder could weaken a key source of bitcoin demand.
Source: Google News (crypto query)