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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

Bitcoin volatility hits 9-month low as ETF flows rotate

Bitcoin volatility has hit a nine-month low as ETF outflows, options selling and altcoin rotation reshape the BTC trade for June.

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

Intesa Sanpaolo lifts crypto holdings to $235 million, adds Ethereum and XRP

Italy's largest bank expanded its crypto book to roughly $235 million in the first quarter, adding Ethereum and XRP exposure while almost eliminating its Solana position.

By Naomi Voss
Regulation

Trump trust Coinbase buys sharpen crypto conflict questions in Washington

Ethics filings showed Donald Trump's family trust bought Coinbase, Strategy and other crypto-linked stocks in Q1, sharpening conflict questions around a friendlier policy tone in Washington.

By Tomás Iglesias
Crypto

Strategy CEO Phong Le says bitcoin sales hinge on maths over equity

Strategy chief executive Phong Le told CNBC on Saturday that the company would sell part of its 818,334 bitcoin holding only when doing so proves more accretive to shareholders than issuing equity, outlining two specific conditions that mark a deliberate shift from its long-held refusal to sell.

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