MSTR

Strategy (MSTR) raised $467 million through stock sales to boost its cash reserve to $3 billion while leaving its 843,775 BTC holdings unchanged for a second straight week.

JPMorgan says Strategy's Bitcoin sales are a short-term concern, but the bigger long-term risk is that banks and institutions adopt private blockchains over public networks, reducing activity and capital flows across the broader crypto ecosystem.

Schwab strategist Jim Ferraioli said Strategy's recent preferred stock actions have eased near-term liquidity concerns despite Bitcoin's decline.

Strategy (MSTR) sold a record 3,588 bitcoin for $216 million to fund preferred stock dividends.

The late disclosure of FBI Director Kash Patel's six-figure investment in Strategy has reignited some scrutiny over ethics compliance.

Strategy (MSTR) shares surged 14% at times on Monday after the company unveiled a sweeping capital overhaul, leading a broad rally in bitcoin-linked stocks despite Bitcoin remaining under pressure near $60,000.

Strategy (MSTR) unveiled a new capital management framework that raises STRC's dividend to 12%, authorizes $2 billion in share buybacks, and permits limited bitcoin sales to fund reserves, dividends, debt obligations, and stock repurchases.

Michael Saylor took to X to defend Strategy's long-term Bitcoin-focused strategy after MSTR and its preferred shares hit new lows.

Strategy shares plunged some more today as Bitcoin fell to $59,000.

Strategy (MSTR) plunged more than 10% to a two-year low near $92 as Bitcoin crashed below $60,000, wiping out billions in unrealized gains.