Covalent
Covalent|Aug 31, 2026 17:31
Saylor just put $369.7M back into Bitcoin. It is Strategy’s first BTC purchase in more than two months, after a period of selling BTC and stock to fund buybacks. The timing is interesting. BTC is still carrying a net negative bias on Hyperliquid despite the purchase. Strategy is buying the dip. The trading book is still leaning the other way. Data from @goldrushdev(Covalent)
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