MicroStrategy
Bitcoin Surges Ahead as Strategy Lags
Divergence grows amid mNAV compression and a shift in Strategy's funding approach for bitcoin accumulation

Trump Media Seeks to Raise $3B for Crypto Purchase: FT
The capital raise would see the Trump-linked firm joining a slew of public companies following the playbook of Michael Saylor's Strategy.

Strategy Buys 4,020 Bitcoin for $427M, Bringing Total Stash to Over 580,000 BTC
Strategy, the largest corporate holder of bitcoin, has funded its latest acquisition through three different at-the-market programs.

Strategy Slumps 6%, Leading Crypto Names Lower as Bitcoin Treasury Strategies Are Questioned
Bitcoin slumped just modestly from record high levels on Friday, but the carnage in related stocks was far worse.

Strategy Plans $2.1B Sale of Its Perpetual Strife Preferred Stock
Proceeds to support corporate initiatives including bitcoin acquisitions and working capital.

'Days to Cover mNAV,' Emerges as the New Standard for Evaluating Bitcoin Equities
A data driven metric reveals which companies are truly stacking sats and which are lagging behind the valuations investors are giving them.

Strategy's STRK Hits Record Proceeds, Has Outperformed Bitcoin, S&P 500 Since Debut
STRK has risen more than bitcoin and the S&P 500 index while offering an attractive yield and differentiated market exposure.

Strategy Expands Bitcoin Holdings With Latest Multi-Million Dollar Purchase
Company buys additional BTC via stock offerings, bringing total holdings to record levels.

Strategy Makes $1.34B Bitcoin Buy, Adding Another 13,390 BTC
The Michael Saylor-led company now holds 568,840 bitcoin.

Reflections on Those MSTR Bitcoin ‘Earnings’
The 'Strategy Model' is good for BTC. But what about the rest of crypto? CoinDesk Indices’ Andy Baehr has questions.
