Latest MicroStrategy News

Stretch shares are an on-ramp for people who believe Bitcoin will be around for the long term but can’t handle the near-term volatility, explained Michael Saylor.

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Strategy is increasingly turning to perpetual preferred stocks to fund its Bitcoin strategy, with the company adding 90,000 BTC to its balance sheet so far this year.

The platform lets investors create and rebalance onchain equity portfolios while directly holding the underlying assets.

Strategy bought 1,031 Bitcoin for $76.6 million, lifting holdings to 762,099 BTC, as the company relied on common stock sales to fund the purchase.

Michael Saylor’s Bitcoin-holding company Strategy has already purchased more than $2.9 billion worth of the cryptocurrency this month.

Bitcoin’s 20-week rolling correlation with the S&P 500 has turned positive, a signal that has historically preceded major BTC price declines.

Bitcoin dropped below $71,000, but the market remains tilted toward bulls as spot ETF inflows and BTC buying from Strategy boost investor sentiment.

Strategy often pauses BTC buys when STRC falls below $100, a setup that has previously coincided with 25%–40% Bitcoin declines.

Strategy bought seven weeks of new Bitcoin supply in one week, boosting the case for a $400,000 BTC price target if this pace continues.

Bitcoin opened the week by rallying straight into a key resistance level. If it holds, BTC and altcoins could embark on the next leg of the crypto bull market.

Bitcoin’s recovery above $74,000 highlights a rapidly improving market, but several data points suggest that pro traders remain cautious and skeptical.

About two-thirds of the company’s tokens are currently staked, generating an estimated $180 million in annualized revenue.

Metaplanet raised $255 million and launched new warrants to fund more Bitcoin purchases as it pushes toward a 210,000 BTC treasury target.

Strategy bought 22,337 Bitcoin for $1.57 billion last week, lifting total holdings to 761,068 BTC as it funds purchases through record sales of its STRC preferred stock.