🚨 Strategy loads up more Bitcoin – Market turns cautious

Strategy (NASDAQ: $MSTR), the largest publicly traded Bitcoin-treasury company, has acquired 10,624 BTC, bringing its total holdings to approximately 660,624 BTC.

🗓 The purchase was made between Dec 1 and Dec 7 at an average price of $90,615 per BTC.

This aggressive accumulation comes despite growing concerns that Strategy could be dropped from major benchmarks like MSCI indexes, which may trigger large-scale ETF and institutional outflows—putting pressure on its stock price.

📉 Crypto Market Update

While Bitcoin remains relatively stable, altcoins are showing weakness amid a broader risk-off environment:

ETH slipped 0.8% to $3,104

XRP fell 1.4% to $2.05

Solana (SOL) ↓ 2%

Polygon (MATIC) ↓ 2%

Cardano (ADA) largely flat

Dogecoin (DOGE) ↓ ~1%

$TRUMP

TRUMP

3.033

-3.03%

↓ ~1%

📊 Market sentiment is cautious as investors weigh macro risks and institutional flows.

#Bitcoin $BTC

BTC

67,856.15

-0.97%

$XRP

XRP

1.3573

+0.07%

#solana #DOGE #cryptoupdate2024 #CryptoUpda