MicroStrategy’s STRC Outpaces Spot Bitcoin ETFs in BTC Buying

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Pine Analytics said MicroStrategy’s STRC raised $1.18 billion from March 9 to March 15 this year to buy 17,994 BTC, outpacing U.S. spot Bitcoin ETF inflows. The 12 U.S. spot Bitcoin ETFs recorded $763 million in combined net inflows over the same period. Pine Analytics said STRC shareholder sales do not directly affect MicroStrategy’s BTC holdings. The firm warned that prolonged trading below the $100 par value could pressure issuance and the broader market.
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