Crypto Daily Scoop

Bitcoin nears $80,000, Strategy cushion thins before earnings

The largest corporate holder's holdings in Bitcoin are currently valued at just about 6% above their purchase price.

CoinDesk

This valuation comes as Bitcoin dipped nearly 2% in anticipation of Strategy's forthcoming third-quarter earnings report.

The market is watching closely as this major corporate stake faces a tightening margin.

The cushion surrounding Strategy's investment is visibly diminishing.

This movement occurs right before the release of Strategy's Q3 financial outcomes.

#bitcoin

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