The post Strategy’s $45M BTC Buy Pushes Holdings Over 640K Coins appeared on BitcoinEthereumNews.com. Key Insights: Strategy’s Bitcoin stash grows to 640,808 BTC, now valued at over $71 billion. $45 million in BTC bought using proceeds from STRF, STRK, and STRD share sales. With 3% of Bitcoin supply owned, Strategy posts a 26% yield so far in 2025. Strategy’s $45M BTC Buy Pushes Holdings Over 640K Coins Strategy Inc., chaired by Michael Saylor, has increased its Bitcoin position. In a filing submitted to the U.S. Securities and Exchange Commission (SEC) on October 27, the company confirmed the purchase of 390 BTC. The buy was made between October 20 and 26, with a total cost of $43.4 million. This brings Strategy’s total Bitcoin holdings to 640,808 BTC. The average purchase price for this latest addition was $111,117 per coin. The company’s overall Bitcoin position was acquired for $47.44 billion, at an average price of $74,032 per BTC. Bitcoin Funded via Preferred Stock Offerings The acquisition was not financed through the sale of MSTR common shares. Instead, Strategy used proceeds from its preferred share programs. These included the STRF, STRK, and STRD classes. Based on the filing, the company raised $17.6 million from 175,634 STRF shares, $19.1 million from 191,404 STRK shares, and $8.7 million from 87,462 STRD shares. The combined proceeds totaled $44.7 million. The company stated, “The bitcoin purchases were made using proceeds from the STRF ATM, STRK ATM and STRD ATM.” No MSTR shares were sold during this period. Total Holdings Now Above 640K BTC This marks the third week in a row that Strategy has added to its Bitcoin treasury. A week earlier, the company acquired 168 BTC for $18.8 million, bringing its holdings to 640,418 BTC. The latest 390 BTC purchase pushed that total to 640,808. Saylor hinted at the buy on X with a brief post reading, “It’s Orange Dot… The post Strategy’s $45M BTC Buy Pushes Holdings Over 640K Coins appeared on BitcoinEthereumNews.com. Key Insights: Strategy’s Bitcoin stash grows to 640,808 BTC, now valued at over $71 billion. $45 million in BTC bought using proceeds from STRF, STRK, and STRD share sales. With 3% of Bitcoin supply owned, Strategy posts a 26% yield so far in 2025. Strategy’s $45M BTC Buy Pushes Holdings Over 640K Coins Strategy Inc., chaired by Michael Saylor, has increased its Bitcoin position. In a filing submitted to the U.S. Securities and Exchange Commission (SEC) on October 27, the company confirmed the purchase of 390 BTC. The buy was made between October 20 and 26, with a total cost of $43.4 million. This brings Strategy’s total Bitcoin holdings to 640,808 BTC. The average purchase price for this latest addition was $111,117 per coin. The company’s overall Bitcoin position was acquired for $47.44 billion, at an average price of $74,032 per BTC. Bitcoin Funded via Preferred Stock Offerings The acquisition was not financed through the sale of MSTR common shares. Instead, Strategy used proceeds from its preferred share programs. These included the STRF, STRK, and STRD classes. Based on the filing, the company raised $17.6 million from 175,634 STRF shares, $19.1 million from 191,404 STRK shares, and $8.7 million from 87,462 STRD shares. The combined proceeds totaled $44.7 million. The company stated, “The bitcoin purchases were made using proceeds from the STRF ATM, STRK ATM and STRD ATM.” No MSTR shares were sold during this period. Total Holdings Now Above 640K BTC This marks the third week in a row that Strategy has added to its Bitcoin treasury. A week earlier, the company acquired 168 BTC for $18.8 million, bringing its holdings to 640,418 BTC. The latest 390 BTC purchase pushed that total to 640,808. Saylor hinted at the buy on X with a brief post reading, “It’s Orange Dot…

        Highlights:  The BNB price is down 2% to $1111.46, despite the trading volume spiking 26%. The BNB on-chain demand has slipped, with the open interest plummeting 3% showing a drop in demand.  The technical outlook shows a tight tug-of-war, with the bulls attempting to overcome resistance zones.   The BNB price is down 2% today, to trade at $1111.46. Despite the plunge, the daily trading volume has soared 26% showing increased market activity among traders. However, BNB Chain has seen declining network activity, with the open interest plummeting, signaling a drop in demand.  On Chain Demand on BNB Cools Off The BNB Chain is in a state of cooldown of network activity, which indicates low on-chain demand. In most instances, when a network fails to ensure large volumes or revenues, it means that there is low demand or outflows to other networks.  BNB DeFi Data: DeFiLlama According to DeFiLlama data, the volume of the Decentralized Exchanges (DEXs) is down to at least $2.12 billion in comparison to the high of $6.313 billion on October 8, which also means low on-chain liquidity.  On the other hand, Coinglass data shows that the volume of BNB has grown by 3.97% to reach $4.95 billion. However, the open interest in BNB futures has dropped by 3.36% to reach $1.74 billion. This reduction in open interest is an indication of a conservative stance by investors since the number of new positions being opened is low. This could be an indication that investors are not so sure about the short-term price outlook. BNB Derivatives Data: CoinGlass Meanwhile, the long-to-short ratio is sitting at 0.9091. This shows that the traders are undecided on BNB price’s next move, as it sits below 1.  BNB Price Moves Into Consolidation The chart displays the BNB/USD price action on a 4-hour timeframe, with the token currently hovering around $1111.46. The 50-day Simple Moving Average (SMA) is at $1113, while the 200-day SMA sits at $1129, cushioning the bulls against upside movement. The price has mostly been trending below both SMAs, indicating that the bears are having the upper hand.  The BNB trading volume is up, soaring 26%, signaling the momentum is real. On the 4-hour chart, BNB is trading within a consolidation channel. In such a case, this pattern may act as an accumulation period, giving the bulls hind wings to break above resistance zones.  BNB/USD 4-hour chart: TradingView Zooming in, the Relative Strength Index (RSI) sits at 44.15, below the 50 level. This shows weakening momentum in the BNB market, and might lead to the RSI plunging to the oversold region if the bulls don’t regain control. In the short term, the BNB price could move up to $1113 resistance and flip it into support. A close above this zone will see the bulls target $1126 resistance, giving the bulls strength to reclaim the $1230 mark.  Conversely, if the resistance zones prove too strong, a dip towards $1012 could be plausible. In such a case, this could be a prime buy zone for the risk-takers. In the long term, if the token keeps the hype alive, the bulls may reclaim the $1375 high or higher.    eToro Platform    Best Crypto Exchange   Over 90 top cryptos to trade Regulated by top-tier entities User-friendly trading app 30+ million users    9.9   Visit eToro eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.