Bitcoin rises 1.22% in an hour despite overall 24-hour dip, with heavy short liquidations.

Strategy sells $283.8M MSTR shares, spends $188.3M on preferred stock buybacks, $81.9M on Bitcoin.

Between November 2 and 8, Strategy sold 2.05 million MSTR shares, raising $283.8 million. It allocated $188.3 million to repurchase preferred shares (STRC), which was more than double the $81.9 million spent on buying 1,036 Bitcoin at an average pric...