Grayscale Analyst Outlines Strategy Balance Sheet Pressure Around Bitcoin Holdings
TL;DR Grayscale’s Head of Research Zach Pandl discussed Strategy’s Bitcoin-heavy capital structure in the context of market confidence. The analyst view suggested that selling a portion of Bitcoin holdings could be one way to address corporate balance…
Strategy loses its bitcoin premium as enterprise mNAV dips below 1
Strategy's STRC briefly fell to a record low of $71.40 on Friday, leaving the preferred shares about 25% below par.
Michael Saylor Responds to Scrutiny as Strategy Shares and STRC Hit 52-Week Lows
Bitcoin Magazine Michael Saylor Responds to Scrutiny as Strategy Shares and STRC Hit 52-Week Lows Michael Saylor responded to the deepening selloff in Strategy’s stock and preferred shares Friday with a statement on X. “Volatility tests every…
Strategy Stock (MSTR) Nearly Craters Another 10% as Securities Lawsuit Lands
Bitcoin Magazine Strategy Stock (MSTR) Nearly Craters Another 10% as Securities Lawsuit Lands Strategy Inc. (MSTR) fell more than 9% at times on Thursday to its lowest level since March 2024, extending a five-day collapse of nearly 30% as Bitcoin broke…
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…