Key takeaways:Bitcoin traded down 3.5% on Wednesday as new developments in the US-Iran war pushed oil prices higher and Japan’s bond markets faced renewed stress. That combination triggered broader de-risking across markets. At the same time, concerns over potential Bitcoin sales from Strategy inte…
Shares of Michael Saylor-backed Strategy (MSTR) and Jack Dorsey-led Block (XYZ) dropped in pre-market trade on Wednesday amid the broader sell-off in stocks despite getting an ‘Overweight’ rating from Barclays.The firm gave MSTR stock a price target of $130 and XYZ stock a price target of $100, as…
Strategy's sale of 3,588 BTC for approximately $216 million last week — only the third bitcoin sale in the company's history — puts future selling in focus, with Payward subsidiary CF Benchmarks warning recurring sales could become a concern.On Monday, Strategy said it sold 1,363 BTC for $80.8 mill…
Strategy (MSTR) Executive Chairman Michael Saylor defended the economics behind the company's newest preferred stock on Tuesday, saying Bitcoin (BTC) only needs to appreciate at an annualized rate of 3.3% for capital gains on Strategy's holdings to fund dividends on its Variable Rate Series A Perpe…
Issued on behalf of Rhino Bitcoin Inc.Rhino Bitcoin Inc. (OTC:RHNO) reported that new KYC-verified users more than tripled since the start of the second quarter, a surge the company says is driving higher transaction volume as it rolls out promotions, a creator program, and a national brand campaig…
MicroStrategy Is Maintained at Outperform by Mizuho
Strategy, once a fervent opponent to selling any of its Bitcoin, had to sell Bitcoin at a steep loss.💸 Diamond Hands Meet Reality📉 Why Sell at a Loss?📈 Stock Shakes, Bitcoin Steadies
Strategy's $216 million Bitcoin sale on Monday should be seen as a positive development for the price of Bitcoin and as a move that renews confidence in STRC, according to analysts.The sale of 3,588 BTC to fund preferred stock dividend payments and replenish cash has boosted Strategy’s dollar reser…
Grayscale says Strategy’s (MicroStrategy) Bitcoin sale could reduce financing risk and support BTC price stability. Research head Zach Pandl argues that selling Bitcoin may restore confidence better than raising the STRC dividend.Here is why the asset manager sees a controlled sale as a potential t…
Strategy NASDAQ:MSTR slipped about 2% in premarket trading Monday after Michael Saylor's company disclosed that it sold 3,588 bitcoin last week for $216 million, a notable shift for one of the market's most closely watched corporate bitcoin holders.Saylor said in a post on X that the sale was used…
WASHINGTON (dpa-AFX) - Cryptocurrencies have declined in the past 24 hours as markets digested reports from the leading Bitcoin treasury company Strategy Inc (MSTR). The latest filing from the company spooked sentiment in the crypto currency market that had been boosted by the soft jobs data from t…
By Jonathan WeilStrategy, the bitcoin-hoarding company led by Chairman Michael Saylor, is caught in a math trap of its own making.Saylor has trained investors to believe Strategy's model for acquiring bitcoins would work so long as the market valued the company at a premium to the value of its bitc…
Bitcoin ETFs entered the holiday weekend on a positive note, according to data from CoinGlass. They posted a net inflow of $223.5 million on July 2, the first such inflow for these ETFs since June 12. Bitcoin had a mostly-positive holiday weekend, rising to as high as nearly $64,000, according to C…
By Vicky Ge HuangStrategy, the bitcoin-hoarding firm founded by Michael Saylor, said it sold 3,588 bitcoin last week to fund dividends on its preferred stock.The sale, which raised about $216 million, comes after the company unveiled a turnaround plan aimed at shoring up investor confidence.After t…
By Kit NortonStrategy, the largest corporate holder of Bitcoin, announced Monday it has been selling the cryptocurrency as prices have tumbled sharply from April 2025 highs.The company formerly known as MicroStrategy disclosed Monday it sold 1,363 Bitcoin between June 29 and June 30 at an average p…
By Katherine HamiltonStrategy, the Bitcoin holding company, said it had an $8.32 billion loss on digital assets in its second quarter.The loss comes after the company, formerly known as Microstrategy, sold 3,588 Bitcoin for less than it paid.From June 29 to June 30, Strategy sold the 1,363 Bitcoin…
Strategy Inc Class A (NASDAQ:MSTR) strengthened liquidity with a $2.55B reserve and roughly $3.8B coverage including Bitcoin, yet mNAV slipped below 1.0; analyst targets were cut even as insider buys and a Michael Saylor hint of more Bitcoin sparked an 8% rally and retail bullishness.Previous Week…
By Emma TuckerGood morning. Here's what we're tracking to catch you up after the long weekend: President Trump is heading to Turkey to meet European leaders at the NATO summit starting Tuesday. Our reporters spoke with some of America's closest allies to get a candid look at the fracturing relation…
Strategy still sits at the centre of the corporate Bitcoin map. BitcoinTreasuries data shows the company holding 847,363 BTC, keeping it far ahead of other public corporate holders and leaving it as the name every treasury company is measured against.But the market’s focus has changed. Investors ar…
VanEck Head of Digital Assets Research Matthew Sigel said Strategy Inc.'s (MSTR) new capital framework, which permits the company to sell Bitcoin for the first time, has changed the nature of what investors own, and questioned whether the stock deserves a premium to its net asset value."You're buyi…
