Strategy
Strategy surges 6% on MSCI decision not to exclude DATs from indexes
Shares of the Michael Saylor-led firm had been under pressure not just from weak bitcoin prices, but also the chance that the indexing giant might exclude DATs from its indexes.
Buck launches bitcoin-linked ‘savings coin’ tied to Michael Saylor’s Strategy
The new governance token targets a roughly 7% annual yield funded by income from Strategy’s bitcoin-linked preferred stock.
Strategy shares register first six-month losing streak since adoption of bitcoin strategy in 2020
Crypto analyst Chris Millas has highlighted an unusually persistent slump in Strategy shares, breaking with past drawdown patterns even as the firm continued accumulating bitcoin.
Citi is still a believer in crypto stocks despite bitcoin being rocked to end the year
Circle remains the bank's top pick in the sector, with Bullish and Coinbase following.
Strategy’s STRD credit spread has tightened over past month even as bitcoin struggles
The narrowing spread between yields on STRD and the 10-year U.S. Treasury could signal boosted demand for the preferred stock.
Michael Saylor's Strategy Hangs on to Spot in Nasdaq 100 Index
The annual Nasdaq 100 rebalance saw six companies dropped and three new additions, with changes taking effect on December 22, but bitcoin treasury company Strategy hung onto its spot.
MSCI Isn't Wrong to Be Cautious on DATs
As leading index provider MSCI considers excluding digital asset treasuries (DATs) from its suite of indexes, it’s worth considering the risk profile of these investment vehicles to determine if they truly meet these benchmarks, says Nic Puckrin, co-founder of Coin Bureau.
Most Influential: Michael Saylor
Despite facing a year of tough conditions for bitcoin treasury companies, Michael Saylor’s Strategy developed new ways to make money — and acquire more bitcoin for its vast holdings — in 2025.
Has the DAT Bubble Already Burst? CoinShares Says In Many Ways, Yes.
Digital-asset treasury plays that once traded at big premiums have fallen back toward net asset value.
Strategy Stock Still a Buy at Cantor After Plunge Forces Major Price Target Cut
Lower adjusted net asset value multiple means Strategy can no longer issue equity at a premium, threatening its long-term plan to accumulate more bitcoin, analyst Brett Knoblauch wrote.
