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Crypto

Strategy (MSTR) flags $8.32bn Q2 bitcoin loss after sale

Strategy Q2 bitcoin loss reached $8.32 billion after a 3,588 BTC sale funded preferred dividends and lifted cash reserves to $2.55 billion.

By Caleb Mwangi
Crypto

Strategy STRC falls to $89, testing its bitcoin funding model

Strategy STRC closed at $89, lifting its effective yield and signaling investors want more reserve cushion behind Strategy's bitcoin funding model.

By Sloane Carrington
Crypto

Michael Saylor Bitcoin buy tests Strategy's $11.7bn loss

Michael Saylor Bitcoin buy signals are now a credibility test after Strategy sold 32 BTC and disclosed an $11.7bn unrealized loss.

By Caleb Mwangi
Crypto

Bitcoin treasury firms lose $62bn as ETF bid fades

Bitcoin treasury firms are losing the ETF-backed bid that made listed balance-sheet wrappers look like permanent buyers as Strategy sells.

By Caleb Mwangi
Crypto

Polymarket Strategy dispute tests prediction-market trust

Polymarket Strategy dispute turns a 32 BTC sale into a test of whether prediction markets can win Wall Street trust as volumes grow.

By Sloane Carrington
Crypto

Strategy bitcoin sale sends BTC below $71K, shares drop

Strategy bitcoin sale broke a years-long no-sell signal, sending BTC below $71,000 and dragging its shares down 5.85 per cent.

By Caleb Mwangi
Crypto

Strategy debt buyback shows liability side of bitcoin bet

Strategy used $1.38 billion in cash to retire convertible debt at a discount, showing that its bitcoin treasury trade now has a liability side as well.

By Caleb Mwangi
Crypto

Strategy (MSTR) flags bitcoin sales for $1.5bn debt buyback

Strategy said it may use bitcoin sales, cash or ATM stock issuance to fund a $1.5 billion repurchase of 2029 notes, forcing investors to weigh debt cleanup against treasury risk.

By Caleb Mwangi
Crypto

Strategy STRC reclaims $100 par, opening door for fresh Saylor bitcoin buys

Strategy's STRC perpetual preferred closed at $99.99 on Friday and printed at par after hours, ending a fortnight in which Michael Saylor stayed out of bitcoin. With the security back above its $100 issuance threshold, Strategy's at-the-market funding gate has reopened and weekly purchases could resume as soon as 11 May.

By Caleb Mwangi