In brief Bitcoin traded at $78,524 Tuesday, down 0.72%, while the S&P 500 closed at 7,689.80, off 0.37%, as oil pushed toward $100 a barrel on renewed U.S.-Iran fighting in the Strait of Hormuz. Friday’s August jobs report showed employers added 162,000 positions, nearly triple the 53,000 forecast, pushing September rate-hike odds to roughly 57-59% on the CME FedWatch tool. On Myriad, traders are pricing a 78.4% chance Bitcoin hits $84,000 before it falls to $55,000, barely moved from a week ago despite the pullback. Bitcoin’s hot summer has come up against Red September once again, today down close to…

In brief Strategy repurchased 1,810,885 STRC shares for $176.3 million in the week to September 7. Its board doubled the digital credit securities repurchase program to $2 billion. It bought no BTC and sold no shares under its at-the-market program, a week after a $370 million purchase. Strategy bought no Bitcoin in the week to September 7, a week after ending a two-month BTC purchasing drought, and spent $176.3 million buying back its own preferred stock instead, the Bitcoin treasury company said in a filing on Tuesday.All of it went on STRC, the variable rate perpetual stretch preferred, at 1,810,885…

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