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Strategy's Stretch raised funds that could buy over 120 Bitcoin, signaling strong crypto interest.

Reported by Pluang
Nov 6, 2026· 2 min read
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Key Takeaways
  • • Strategy's Stretch (STRC) raised funds on November 4 that could potentially cover the purchase of more than 120 Bitcoin, according to Pluang.
  • • The article notes the figure reflects buying capacity only and does not confirm the proceeds were actually used to purchase Bitcoin.
  • • Pluang's November 6, 2026 market snapshot showed 4 of 50 major cryptocurrencies rising and 45 falling, with ONE (Harmony) up 25.88% and XTZ (Tezos) down 12.77%.
  • • Bitcoin options expiring November 9 show heavy call open interest (6,503 calls versus 526 puts) at strikes above the reference price of about $76,700, though recent 24-hour volume has skewed toward puts.
Summary
Strategy's Stretch (STRC) raised funds on November 4 that could potentially cover the purchase of more than 120 Bitcoin (BTC), according to Pluang. The report stresses that this figure measures the buying capacity of the raised capital and does not confirm that the proceeds have been deployed into Bitcoin. The development is presented as a sign of growing investment capacity and interest in digital assets, and the article advises investors to watch for disclosures on how the funds will be deployed.

Pluang's market snapshot as of November 6, 2026, at 19:01 WIB showed broad weakness across the crypto market. Of 50 major cryptocurrencies tracked, 4 rose and 45 fell. Notable movers included ONE (Harmony), trading at Rp26 and up 25.88% with 84% sell-order activity; XTZ (Tezos), at Rp4.631 and down 12.77%; and BAL (Balancer), at Rp16.297 and up 11.14%.

Separately, related market data cited in the news feed showed Bitcoin options expiring November 9 with a strong concentration of call open interest, 6,503 calls versus 526 puts, pointing to bullish positioning at strikes above the current price of roughly $76,700. Recent 24-hour trading activity, however, showed puts leading volume.

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Sources

1 outlet

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Pluang Strategy's Stretch raised funds that could buy over 120 Bitcoin, signaling strong crypto interest.