Strategy, the bitcoin accumulation firm founded by Michael Saylor, said Monday that it sold 32 bitcoin last week for roughly $2.5 million, according to a regulatory filing. It was the company's first sale of the cryptocurrency since 2022. The company said it expects to use proceeds from the bitcoin sale to fund distributions on its preferred stock.
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Strategy (MSTR) sold some bitcoin for the first time ever, the company revealed in a Monday filing, just a week after founder Michael Saylor had used the "hodl" — hold on for dear life — phrase, which is the crypto community's never-sell mantra. The iShares Bitcoin Trust ETF (IBIT), which tracks the bitcoin price, fell to a seven week low,...
Bitmine announced a fresh purchase of more than 26,000 Ethereum tokens on Monday.
Investing.com - Strategy Inc. sold about $2.5 million of Bitcoin, marking its first disposal of the cryptocurrency since 2022, sending shares down nearly 5% in premarket trading on Monday.
A new 8-K filing links Strategy's bitcoin sales directly to preferred-stock distributions for the first time, while the company's dedicated USD reserve climbs to $900 million.
Strategy executes its first strategic sale of Bitcoin since its founding, despite Chairman Michael Saylor formerly claiming the company would never sell.
Strategy (NASDAQ: $MSTR) has sold some of its Bitcoin (CRYPTO: $BTC) holdings.
Michael Saylor and CEO Phong Le said in an interview last month that selling Bitcoin could help maximize Bitcoin-per-share over the long term.
Bitcoin tumbled to $72,000 Monday as news of the BTC treasury firm's about-face on its "never sell" stance broke.
MicroStrategy sold 32 BTC for $2.5M, its first confirmed sale in years. See the 8-K details, holdings, and why this matters for one trader.
Mizuho reduced its year-end 2027 Bitcoin forecast to $94,000 from $128,000, citing a more cautious market outlook.
Strategy Inc. (NasdaqGS:MSTR) has moved a significant amount of its Bitcoin holdings to Coinbase, raising questions about a possible sale. The shift comes after recent debt and equity transactions that have drawn attention to the company’s capital structure and related risks. Industry experts are highlighting growing concerns around competing claims among equity, debt, and Bitcoin holders if the company adjusts its long standing "never sell" approach. Strategy Inc. built its recent identity...
Strategy on Monday said it will maintain its STRC perpetual preferred stock dividend rate at 11.50% for June 2026. Investors anticipate a rise after maintaining it at the current rate for 4 consecutive months and Strive offering a 13% dividend on SATA stock. Ad Ad Strategy Holds 11.50% Dividend on STRC Preferred Stock for June
Saylor's 'Working Better' post on X sparks speculation about Strategy's next Bitcoin buy as analysts flag capital pressure.
This week in crypto, Bitcoin shook off sell-off fears, a firm burned $500M on Claude AI, and a Thiel-backed stock halved.
Strategy Inc. completed a $1.5 billion debt repurchase last week, prompting gold advocate Peter Schiff to publicly question whether the company is running out of cash. Strategy Bought Back Debt At 8% Discount, Added 24,869 Bitcoin Strategy repurchased $1.5 billion...
A Wall Street veteran is sounding the alarm on Strategy Inc., warning that the company's aggressive Bitcoin financing model has reached a breaking point and that someone is about to get hurt. Jeff Dorman, chief investment officer of digital asset manager Arca, published a detailed breakdown on X on ...
Strategy Inc (NASDAQ:MSTR) is one of the stocks that could 10x by 2030. On May 26, Strategy Inc (NASDAQ:MSTR) reiterated that it completed a series of capital market transactions between May 11 and May 25. Part of the transactions included the repurchase of $1.5 billion in convertible senior notes due 2029 for $1.38 billion, representing […]
Crypto companies whose business model is to stock up on crypto tokens are turning to a novel type of risky equity product, as they seek to tap...
Strategy pulled 411.5 BTC from Coinbase Prime, easing sell-off fears as BitMine bought $50.6 million in ETH on the dip.
Strategy Inc. (NASDAQ: $MSTR) is facing a fresh test of its bitcoin treasury narrative after more than 411 BTC move...
Strategy Inc. Executive Chairman Michael Saylor doubled down on his long-running Bitcoin thesis, arguing that it has already won the global digital monetary race due to its massive network effects and institutional adoption. "There's no second-best crypto asset," Saylor said...
Strategy moved 411 BTC worth 30 million dollars to Coinbase Prime, sparking heavy bets on a Bitcoin sell-off.
Arca CIO Jeff Dorman’s thesis centered around Strategy’s capital structure and how it was built around expectations of Bitcoin’s price continuously rising.
Strategy and its executive chairman, Michael Saylor's "never sell" stance, had become almost gospel in the Bitcoin (BTC) community. But on May 5, he dropped a bombshell that the company is considering selling Bitcoin. Now, a few weeks later, the company made a major Bitcoin move, hinting ...
Crypto analyst Ran Neuner recently joined The Wolf Of All Streets podcast with host Scott Melker to discuss a part of Strategy (NASDAQ:MSTR) that many retail investors still do not fully understand. The conversation focused on STRC, the company’s preferred-stock funding vehicle that helps finance Michael Saylor’s ongoing Bitcoin purchases. Neuner’s conclusion was uneasy. The shrinking ... Strategy’s STRC Funding Loop ‘Gives Me the Shivers,’ Says Analyst Worried About Saylor’s Shrinking Window
Arca CIO Jeff Dorman argues that Strategy's shrinking cash reserves could put Bitcoin holders, MSTR shareholders, and preferred investors on a collision course. Strategy ...
Strategy transferred 411.48 Bitcoin worth roughly $30.3 million to Coinbase Prime, according to Lookonchain data.
Arca CIO Jeff Dorman warns Strategy's $15B preferred stock load and depleted cash buffer are straining the Bitcoin flywheel.
The Arca CIO pointed to $15.5 billion of preferred stock, roughly $1.5 billion in annual dividends, and an $871 million cash reserve, warning that someone may "lose badly" within four…