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Bitcoin Holdings

All articles tagged with #bitcoin holdings

markets1 month ago

Strategy doubles down on Bitcoin buying to calm markets

Strategy Inc. sold 1,409,600 Class A shares for $181 million to acquire 1,550 Bitcoin at an average price of $65,332, continuing its long-running accumulation program. The move counters last week's market panic and lifts Strategy’s Bitcoin holdings to over 845,000 coins (more than 4% of total supply), solidifying its status as the largest corporate holder of Bitcoin.

MicroStrategy's Bitcoin Sale Sparks Debate on Its Treasury Strategy
business1 month ago

MicroStrategy's Bitcoin Sale Sparks Debate on Its Treasury Strategy

Strategy (the company formerly MicroStrategy) sold 32 BTC for $2.5 million—the first Bitcoin sale since 2022—to cover preferred dividends, sending MSTR down roughly 31% in the last month as Bitcoin trades near $64,000. The firm still holds over 843,000 BTC with a cost basis around $75,700 per coin and an unrealized loss of about $17.4 billion, amplifying bear risk alongside a 63% chance of MSCI delisting by 2026 and a June 8 shareholder vote that could indicate whether this sale was a one-off or the start of a policy shift. Bulls say the treasury remains a net aggregator; bears point to optics and potential further sales. A meaningful buy/hold signal will hinge on the next data point—if a fresh BTC purchase appears, the thesis could stay intact; otherwise holding around $126 may be prudent until more clarity emerges.

MicroStrategy's Q1 2023: Strong Revenue, Bitcoin Investments, and Loan Repayment.
business3 years ago

MicroStrategy's Q1 2023: Strong Revenue, Bitcoin Investments, and Loan Repayment.

MicroStrategy reported Q1 revenue of $121.9 million, beating Street estimates, with product licenses and subscriptions revenue up 23.4% YoY. The company holds approximately 140,000 Bitcoin with a carried value of $2 billion. MicroStrategy World, showcasing the company's MicroStrategy One platform and product innovation, is being held in Orlando, Florida. The company aims to grow revenues, transition to the cloud, manage costs, and strengthen margins.