While some sold their Bitcoins due to the recent hacks,
Strategy continues to be aggressive with buying, adding another 811 BTC worth $65.5 million.
According to the report,
Strategy now holds a total of 849,327 BTC, with a total purchase cost of around $64.08 billion and an average buying price of $75,451 per BTC. At the reported market value of around $65.26 billion, they are still sitting on an unrealized profit of approximately $1.18 billion or 1.84%
For me this is a good thing since although it's just them buying that was reported, it already adds some confidence to people not to feel too much fear despite the recent hacks happening. After all, these things will eventually calm down, and people will eventually buy again but those who buy during the time when others are fearful, instead of losing their confidence in Bitcoin, are the ones that will benefit in this kind of market.
Mike is striking by grabbing discounted corn. He got funding hooked up.
Maybe he goes over a million coins soon.
My self I sold at the 80-85k range
If we drop lower than 60k I will buy back.
At least he has faith. This also ties in with mining hash rate.
Latest Block: 975181 (5 minutes ago)
Current Pace: 93.5837% (1454 / 1553.69 expected, 99.69 behind)
Previous Difficulty: 140577680051919.6
Current Difficulty: 148364561003867.4
Next Difficulty: between 138983445442735 and 139669752157557
Next Difficulty Change: between -6.3230% and -5.8604%
Previous Retarget: October 29, 2026 at 2:59 PM (+5.5392%)
Next Retarget (earliest): Friday at 11:14 AM (in 4d 2h 17m 54s)
Next Retarget (latest): Friday at 1:01 PM (in 4d 4h 5m 19s)
Projected Epoch Length: between 14d 21h 14m 47s and 14d 23h 2m 12s
Miners are still pushing a lot of gear and even with this drop they are up for the difficulty rate which was as low as 123t this summer.
It all ties in as big money is still supporting corn.