Strategy
Strategy Tumbles to 4-Month Low as Crypto Stocks, Digital Asset Treasuries Sink
Galaxy, SharpLink, BitMine were among the names that plunged nearly 10% as risk appetite faded and bitcoin sunk to $113,000.
Michael Saylor's Strategy Added $51M of Bitcoin Last Week
The company also updated previous guidance to now allow the issuance of fresh shares even when the stock trades below 2.5x mNAV.
Leveraged Bearish Strategy ETF Surges 19%, Signals Dour Outlook for MSTR and Bitcoin
The ETF, which bets against MSTR, has seen a net inflow of $16.3 million in the past six months, while its bullish counterpart has experienced significant outflows.
Why Michael Saylor Calls Strategy's STRC Preferred Stock His Firm's 'iPhone Moment'
Michael Saylor likens Strategy’s latest Bitcoin-backed preferred stock to Apple’s iPhone, calling STRC a breakthrough in corporate finance with massive market potential.
Strategy Looking to Raise $4.2B Via Preferred Stock to Stack More Bitcoin
The offering comes just days after closing on the sale of $2.5 billion of STRC preferred shares.
Michael Saylor's Strategy Makes Massive $2.4B Bitcoin Purchase With Preferred Stock Sale Proceeds
The firm days ago sold nearly $2.5 billion of its new preferred series, dubbed STRC or "stretch," and quickly deployed the funds into BTC.
Michael Saylor Is Bringing Bitcoin-Backed Money-Market-Style Vehicle to Wall Street: NYDIG
The offering doesn't give investors direct bitcoin exposure, but rather uses the asset's historical return profile to sustain high payouts.
Michael Saylor's Strategy Boosts Latest Preferred Share Raise to $2B From $500M: Bloomberg
The company announced the STRC offering on Monday, originally planning to issue 5 million shares at $100 each.
South Korea Tells Firms to Cut Exposure to Crypto ETFs, Coinbase and Strategy: Report
The report seems to suggest a change in stance by South Korea, which was reportedly looking to ease crypto trading.
Strategy Aims to Raise Another $500M for Bitcoin Buys With New Preferred Series
STRC or "Stretch" will have an initial regular dividend rate of 9%.
