Bitcoin Giant Strategy Pads Cash Cushion for Second Straight Week, Buys BTC
In brief Strategy expanded its USD Reserve to $1.1 billion and increased its total Bitcoin holdings to 846,842 BTC. Executive Chairman Michael Saylor introduced a...
Tag : Strategy
Strategy Sold Shares and Bought $100 Million Bitcoin: This Is It? Bottom Was 2 Weeks Away?
Strategy just filed confirmation of a $100 million Bitcoin buy executed at an average of $63,024, which is unexpectedly before it jumped, this hour, to...
Strategy CEO says 32 BTC sale was a test, not a cash need
Strategy CEO Phong Le said the company’s 32 BTC sale was a test of its process and not a sign that the firm needed cash...
Bitcoin Price Prediction: Saylor’s Strategy Deathspiral Looming in the Background
Bitcoin price is trading above $62,700, recovering from its 10% weekly loss in a bearish prediction environment. Beneath the surface, a structural problem at Michael...
Saylor’s Strategy Boosts Bitcoin Treasury to 845K BTC as Layer 3 Protocols Target Cross-Chain Liquidity Bottlenecks
The institutionalization of the cryptocurrency market is accelerating at an unprecedented pace, driven largely by aggressive treasury strategies from Wall Street giants. As corporate balance...
Strategy Buys Bitcoin, Pads Cash Reserves Following Biggest Weekly Stock Drop Since 2022
In brief Strategy shares pared losses after it purchased 1,550 Bitcoin for $101 million, boosting its total holdings to 845,256 BTC. The company grew its...
Crypto News, June 8: BTC USD Bouncing, Strategy Buys More Bitcoin, Hayes Denies LookOnChain Claims as ZachXBT Calls his Pn’D Scheme
BTC USD saw sharp volatility as it dipped below $63K, rebounded to $63.7K, then dumped again after fresh Iran-Israel strikes. Not helping the case, an...
Strategy buys 1,550 Bitcoin after controversial 32 BTC sale
[Update 18:15 UTC June 8: Adds outcome of Strategy shareholder vote on change in preferred stock dividend payments in sixth paragraph.] Strategy purchased 1,550 Bitcoin...
Strategy unveils semi-monthly STRC dividends as stock slips
Strategy has approved a plan to pay STRC dividends twice a month, introducing a new payout schedule while the preferred stock continues to trade below...
For Bitcoin Giant Strategy, Cash Is Key to Calming Investors: JPMorgan
In brief JPMorgan analysts argued that Strategy could reassure anxious investors by rebuilding its cash reserves. A small Bitcoin sale triggered the company’s worst weekly...