High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Strategy Inc (MSTR) boosts Bitcoin reserves to 846 BTC, cuts net debt to $6.7 billion, and unveils a $1 billion buyback plan to restore STRC to par value.
Strategy, the biggest bitcoin whale, hasn't bought any of the cryptocurrency in more than a month. It has even unloaded some bitcoin to pay preferred stock dividends as the company has raced to raise cash to stem an investor crisis of confidence. Strategy may be ready to dive back into bitcoin accumulation now that it has raised $3.75 billion in cash, calming investor fears.
Strategy has not bought Bitcoin in four weekly filings. Q2 earnings on July 30 will test whether the pause continues.
We use Google Analytics to count anonymous page views and understand which content gets read. No ads, no profiles. Decline keeps you on cookieless mode. Details.