Strategy (MSTR) Stock Falls Below $100 for First Time Since March 2024
Bitcoin Magazine Strategy (MSTR) Stock Falls Below $100 for First Time Since March 2024 Shares of Strategy Inc. (NASDAQ: MSTR) crossed below $100 on Wednesday for the first time since March 2024, extending a collapse that has erased more than 80% of the…
STRC Is Junk Credit in a Bitcoin Costume, and Retail Is Holding $8.8 Billion of It
Bitcoin Magazine STRC Is Junk Credit in a Bitcoin Costume, and Retail Is Holding $8.8 Billion of It There is now $15 billion sitting in three securities being marketed to bitcoin holders as the safer, smarter way to access bitcoin exposure:…
Bitcoin Price Claws Back From the Brink as Iran Deal, Saylor, and Armstrong Signal a Turning Tide
Bitcoin Magazine Bitcoin Price Claws Back From the Brink as Iran Deal, Saylor, and Armstrong Signal a Turning Tide Bitcoin price entered the weekend somewhat battered and bruised, fresh off a gut-punch to $59,000 on June 5 — its weakest footing since…
Saylor Says 25% of Mag8 Now Holds Bitcoin After Musk’s Historic SpaceX IPO
Michael Saylor congratulated Elon Musk after SpaceX’s historic IPO and said 25% of the Mag8 now holds bitcoin on corporate balance sheets. His comments underscored bitcoin’s expanding presence within the upper ranks of the technology sector as more major…
Strategy Stock MSTR Offers Bitcoin Exposure At 18% Discount
Bitcoin Magazine Strategy Stock MSTR Offers Bitcoin Exposure At 18% Discount I’ve been vocal about accumulating Bitcoin aggressively at current levels. Now I’m starting to look seriously at Strategy too. The same kind of confluence that…
Public Companies Added 43,557 BTC in May as SpaceX Enters Bitcoin Treasury Race
Bitcoin Magazine Public Companies Added 43,557 BTC in May as SpaceX Enters Bitcoin Treasury Race Public Bitcoin treasury holdings posted another strong month in May, with companies across sectors adding or disclosing 51,045 BTC before sales, or 43,557…
After Buying More Bitcoin Than It Sold, Strategy Wins Dividend Approval as Holdings Hit 845,256 BTC
Strategy secured approval to pay STRC dividends twice monthly as its bitcoin holdings climbed to 845,256 BTC. The move follows recent treasury activity and could reshape how income investors view the company’s preferred stock. Strategy’s STRC Shift Could…
Strategy (MSTR) Restarts Bitcoin Purchases After Selling, Buys 1,550 BTC for $101 Million
Bitcoin Magazine Strategy (MSTR) Restarts Bitcoin Purchases After Selling, Buys 1,550 BTC for $101 Million Strategy (MSTR) returned to the bitcoin market this week, purchasing 1,550 BTC for approximately $101 million — its first acquisition since a…
‘A Good Time to Add More Dots’: Saylor Sparks Bitcoin Buy Buzz After Strategy’s Rare BTC Sale
Michael Saylor renewed attention on Strategy’s bitcoin plans after the company’s rare 32 BTC sale sparked debate among investors. His latest post shifted focus back to Strategy’s 843,706 BTC reserve and the possibility of future acquisitions. Saylor’s…
Bitcoin Reserves Resuscitation, Iran War Falls Into The Background, But Whatâs Going On With BTC?
Bitcoin has fallen to new lows in this bear cycle, dropping below the psychological $60,000 level. This comes amid the U.S.-Iran war, which has remained muted for a while. At the same time, U.S. Treasury Scott Bessent provided an update on the Strategic…