Strategy Resumes Bitcoin Buying, Hyprealiquid Seeks US Market Entry
Strategy, a well-known cryptocurrency investor, has resumed buying Bitcoin after a 10-week pause. The purchase of 4,603 BTC for approximately $369.7 million brings their holdings to 845,050 BTC, worth around $66.1 billion and accounting for over 4% of the total Bitcoin supply.
The funds were raised through the sale of MSTR shares, which generated about $602.8 million last week. Additionally, Strategy spent $151.8 million repurchasing STRC preferred shares and $50.7 million on STRC dividends, with another $30 million added to their USD Cash account.
Hyprealiquid, a cryptocurrency derivatives platform, is seeking entry into the US market through a partnership with Payward, the parent company of Kraken. This move could allow US traders to access crypto perpetual futures linked to Hyperliquid markets on its decentralized exchange and Layer 1 blockchain.