Tag: strategy

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Strategy returns to bitcoin buys, adding $370 million worth last week

It's the first week of bitcoin purchases for the Michael Saylor-led company in about two months.

Strategy raises $2 billion through MSTR sales and creates new USD Cash pool

The company sold 18.26 million MSTR shares, increased its USD Reserve to $5.1 billion and repurchased another $136.4 million of STRC.

Bitcoin slips back to $63,000; MSCI threatens to exclude Strategy from indices

Stocks tied to bringing traditional financial assets onto blockchains are taking a hit Friday morning after the anticipated “innovation exemption” for tokenized securities trading...

Strategy responds to MSCI’s proposed index exclusion rules

Strategy MSTR$92.22 has pushed back against MSCI’s proposed methodology for identifying “non-operating companies,” which could result in the largest bitcoin treasury company being removed...

Bitcoin (BTC) holding firms Strategy and Metaplanet face stock-index exclusion under MSCI’s new proposal

If it fails that, it moves to an exclusion screen that uses five ratios – operating asset intensity, expense intensity, cash flow, fair value...

Strategy sells 1,690 bitcoin, raises $653 million from MSTR shares

Bitcoin treasury firm Strategy (MSTR) had raised $108.6 million last week through the sale of 1,690 bitcoin and an additional $653.1 million from the...

Tom Lee’s Bitmine (BMNR) continues to buy ETH while Strategy sold bitcoin

Bitmine Immersion (BMNR), the largest Ethereum treasury company, bought 10,399 ether (ETH) during last week as Chairman Tom Lee pointed to ether's strongest monthly...

Strategy overhauls bitcoin metrics to account for senior claims

The first metric is the new "Net Reserve", which currently sits at $36.6 billion. That figure takes Strategy's $55.6 billion BTC reserve (843,775 BTC),...

BlackRock, Coinbase, Strategy pledge $15 million to prepare Bitcoin for quantum threats

A total of nine companies have formed a consortium pledging a combined $15 million over three years to support Bitcoin’s security research and open-source...

Strategy (MSTR) raises cash reserves to $3.2 billion without bitcoin (BTC) sale

Strategy (MSTR), the world’s largest corporate bitcoin BTC$65,268.76 holder, raised its cash reserve by roughly $225 million last week after selling common stock, bolstering...

Strategy feels ‘very secure’ until bitcoin reaches $8,000-$10,000, says CEO

Strategy (MSTR), the largest public holder of bitcoin BTC$64,572.85, won’t panic unless BTC sinks to the $8,000-$10,000 range, its CEO has said.Phong Le identified...

Base creator Jesse Pollak pivots after admitting social strategy failed

Coinbase’s Jesse Pollak said he is stepping back from leading the Base app after acknowledging that his bet on an onchain social economy failed...