Bitwise CIO Ties Bitcoin's 20% Rebound To Strategy's $7.2B STRC Buying
Bitwise Chief Investment Officer Matt Hougan says Strategy's $7.2 billion buying streak, financed through STRC preferred shares, drove most of Bitcoin (BTC)'s 20% rebound from February lows. Strategy Powers Bitcoin Rally In a memo published Tuesday, Hougan acknowledged that ETF inflows and renewed l