Key facts: Bitcoin near $77K; Strategy buys 811; Bitwise targets $1.6M
Bitcoin was trading near $77,000 on Tuesday after its latest decline, amid uncertainty over U.S. crypto legislation and concerns following the Oct. 29 Binance security breach.Strategy bought 811 Bitcoin last week, funding the purchase with MSTR share sales, and repurchased STRC. Its holdings are estimated at $65 billion, above its average cost.Bitwise lifted its 2036 Bitcoin (BTCUSD) price target to $1.6 million, citing government deficits, central-bank gold buying and potential growth in institutional investment.This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.