Strategy sold 3,588 bitcoin under its $1.25 billion ‘monetization’ program at an average price of around $60,000, company ...
The company sold 3,588 bitcoin last week to replenish its dollar reserves for dividends on its preferred stock.
Strategy disclosed a program to sell bitcoin “from time to time” to fund its U.S. dollar reserve and share repurchases.
Michael Saylor's big Bitcoin move coincides with a jump in Bitcoin mining stocks.
The company just proved it will monetize BTC to fund preferred obligations, and the new framework formalizes “two-way risk” ...
Bitcoin price climbed back above $60,000 on Wednesday, lifting Bitcoin treasury stocks, with Strategy (MSTR) and Strive (ASST) surging more than 10% intraday.
Ripple CEO Garlinghouse called Saylor's Bitcoin model a 'damning indictment,' with STRC trading 26% below par.
BTC downtrend risk builds near $60K as MSTR drops 81% from ATH, erasing $153B while Strategy holds 847,363 Bitcoin.
From nearly going underwater in 2022 to sitting on a $48 billion buffer over debt, Strategy's Bitcoin play is now one of the most consequential corporate bets in market history.