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Bitcoin was falling, trading below the key $60,000 level, as it struggled to recover from its recent sharp selloff. The market is digesting the prospect of the Federal Reserve raising interest rates, lifting the dollar and weighing on bitcoin, said Stephen Coltman at 21Shares in a note. Meanwhile, crypto-hoarding group Strategy said on Monday that it might sell bitcoin to raise up to $1.25 billion in cash to help cover dividend payments on its preferred stock and the interest on outstanding debt, as well as to fund its share-repurchase program and cash reserve.

Market research platform Bull Theory noted optimism around Strategy Inc.‘s (NASDAQ:MSTR) new capital allocation strategy, which treats Bitcoin (CRYPTO: BTC) as a capital asset that can be tactically sold to fund operations. Sign Of Good Things To Come? Bull Theory interpreted the rally of MSTR stock and Perpetual Stretch Preferred Stock (NASDAQ:STRC) as evidence that Strategy is about to execute buybacks on both, not just leave the authorization unused. “This is optimism building around active c

Leading cryptocurrencies pared losses Monday, while stocks closed higher as investors priced in a further easing of tensions between the U.S. and Iran following weekend hostilities. Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:30 p.m. EDT)Bitcoin (CRYPTO: BTC)+1.00%$59,872.36Ethereum (CRYPTO: ETH) +1.99%$1,594.33XRP (CRYPTO: XRP) +0.75%$1.04Solana (CRYPTO: SOL) +4.42%$74.24Dogecoin (CRYPTO: DOGE) -0.25%$0.07242 Crypto Market Recoups Losses Bitcoin rose in the early trading hours, but fail

Left with few good options, Michael Saylor’s company “kicked the can down the road” with plans for stock buybacks and bitcoin sales.

Ripple CEO Brad Garlinghouse said Strategy's leveraged Bitcoin strategy has hurt the crypto market despite his bullish BTC outlook. Peter Schiff accused Michael Saylor ...

These companies work best when the prices of their underlying assets are rising rather than falling.

Bitcoin's slide to around $60,000 has a specific origin story, according to billionaire investor Mike Novogratz, and it runs straight through Michael Saylor's balance sheet. Speaking with Anthony Scaramucci in a recent podcast, the Galaxy Digital CEO said the current Bitcoin sell-off is not a ...

Strategy's shares remained 42% down from its market-rattling Bitcoin sale nearly a month ago.

EuroPac.com Chief Economist and Global Strategist Peter Schiff is escalating his attacks on Michael Saylor, arguing that the eventual unwinding of Strategy's Bitcoin position could prove more damaging to the crypto industry than Sam Bankman-Fried's collapse at FTX, and that Saylor himself could end ...

Strategy (MicroStrategy Incorporated (NASDAQ:MSTR)) shares climbed nearly 12% on Monday after the company unveiled a new capital management framework that authorizes the potential sale of up to $1.25 billion in Bitcoin under certain conditions, while reaffirming its long-term commitment to the...

SkyBridge founder and former Trump advisor Anthony Scaramucci is standing firmly behind Michael Saylor, dismissing a wave of predictions earlier this summer that Strategy's Bitcoin-heavy balance sheet was headed toward liquidation. In a post on X early Monday, Scaramucci took aim at those who had ...

A board-approved program allows up to $1.25 billion in Bitcoin sales to shore up liquidity and fund preferred dividends

Strategy is scrambling to reassure investors amid a slump in the price of its primary means for funding crypto purchases.

Ripple CEO Brad Garlinghouse has openly criticized Strategy (NASDAQ: MSTR) and Executive Chairman Michael Saylor over the company’s Bitcoin financing strategy, arguing that its highly leveraged structure has become a risk for the broader cryptocurrency market. Speaking in a recent CNBC ...

The company made famous for buying bitcoin started a 'monetization' program to sell $1.25 billion worth, or nearly 21,000 coins at recent prices.

Strategy authorized, but did not commit to, selling up to $1.25 billion of Bitcoin. Crypto Banter's Ran Neuner said the move removes a major overhang ...

Strategy's new framework authorizes selling up to $1.25B of Bitcoin to fund preferred dividends, retiring its long-held "never sell" posture.

Scott Melker breaks down Strategy's (MSTR) new approach to bitcoin (BTC-USD). "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Strategy stock moved higher Monday after the company said it plans to buy back stock and sell bitcoin among many moves aimed at stemming a loss of confidence in the crypto-hoarding company. Today's announcement at Michael Saylor's firm follows a rough stretch for its stock.

Bitcoin has struggled through one of its sharpest downturns in recent months, falling below $59,000 last week before recovering modestly as investors pulled back from risk assets. The sell-off has also rattled companies with large Bitcoin exposure. Among the hardest hit has been Michael Saylor's ...

The bitcoin treasury company adopted a new Digital Credit Capital Framework that includes up to $1B in common stock repurchases and a bitcoin monetization program

Scott Melker dives into Strategy's new playbook and selling bitcoin, AI, the world's central bank saying stablecoins aren't money, and other big crypto headlines. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Strategy Inc. (NASDAQ: $MSTR) has opened the door to Bitcoin (CRYPTO: $BTC) sales as the company moves to prot...

Strategy is scrambling to reassure investors amid a slump in the price of its primary means for funding crypto purchases.

Michael Saylor's Strategy unveiled a new capital framework that clears the way to sell bitcoin for the first time, authorize up to $2 billion in buybacks, and raise its STRC preferred dividend to 12%. CoinDesk's Sam Ewen hosts "CoinDesk Daily."

BitMine Immersion Technologies continued adding to its Ethereum stockpile, even as its Bitcoin counterpart Strategy stood pat.

Michael Saylor’s   Strategy plans to buy back stock and sell bitcoin among many moves aimed at stemming the loss of confidence in the crypto-hoarding company. Strategy said Monday it would repurchase as much as $1 billion of its preferred shares and up to $1 billion of its Class A common stock. It also said it might sell bitcoin to raise up to $1.25 billion in cash to help cover the dividend payments on its preferred stock and the interest on outstanding debt, as well as to fund its share-repurchase program and cash reserve.

A minimum reserve policy of 12 months' coverage has been set, with any reductions requiring Board authorization.

Strategy (NASDAQ: $MSTR) has announced a new $2 billion U.S. stock buyback program as it looks to attract investors...

Investing.com -- Strategy shares have risen 6.5% in premarket trading on Monday after the company unveiled a capital management overhaul, reversing a slide that saw its market value dip below the worth of its Bitcoin holdings.