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Michael Saylor

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Schiff Warns Strategy’s Preferred Stock Channel Is Closed, Even as Common Stock Sales Fund New Bitcoin Buys
markets4 days ago

Schiff Warns Strategy’s Preferred Stock Channel Is Closed, Even as Common Stock Sales Fund New Bitcoin Buys

Peter Schiff argues MicroStrategy has lost its primary funding mechanism for Bitcoin purchases, despite recent acquisitions. While the company’s preferred stock (STRC) has recovered to near par, Schiff contends the issuance channel is effectively closed. Strategy is now funding buys through common stock sales and cash reserves, a shift that contrasts with Saylor’s recent signals of continued accumulation.

via BeInCrypto|
#bitcoin#markets#michael-saylor
Strategy adds 4,603 BTC, lifting stash to 845,050 BTC
business1 month ago

Strategy adds 4,603 BTC, lifting stash to 845,050 BTC

Strategy, led by Michael Saylor, bought 4,603 BTC for about $369.7 million between Aug. 24–30 at an average price of $80,318, raising its total holding to 845,050 BTC (roughly $66.1 billion at current prices) and about $2.3 billion in unrealized profits. The purchase was funded by ATM sales of MSTR stock; Strategy also advanced a broad program including a $1 billion buyback of digital credit securities, a separate $1 billion common stock buyback, a $5 billion BTC monetization plan, and dividends, suggesting renewed buying after a pause. Saylor posted

via The Block|
#bitcoin#btc-holdings#business
Strategy's Bitcoin Profit Sparks Renewal Hopes for Fresh Buy
business1 month ago

Strategy's Bitcoin Profit Sparks Renewal Hopes for Fresh Buy

Bitcoin's rally to about $79k pushed Strategy's 840,447 BTC to roughly $66.4B in value—about 4.4% above its $75,653 cost basis—leaving about $2.8B in paper profit; Saylor's "We're Back" post sparked renewed buy-speculation, though the firm has not added to holdings in two months and has funded dividends/buybacks via MSTR stock sales under a capital-management framework amid macro volatility.

via Decrypt|
#bitcoin#btc-price#business
Strategy Rebounds to $1.4B Unrealized Gain as BTC Surges
business1 month ago

Strategy Rebounds to $1.4B Unrealized Gain as BTC Surges

Strategy, the Bitcoin treasury vehicle led by Michael Saylor, has swung from about $13 billion underwater in July to roughly $1.4 billion in unrealized gains as Bitcoin trades around $77,000. The firm holds 840,447 BTC acquired at an average price of $75,385, with BTC near its average purchase price helping lift the position back into the black. The rebound follows the company selling BTC earlier this year to fund STRC buybacks and dividends, including 6,948 BTC sold for $432.5 million since May, and later raising $334 million via MSTR share sales to boost its cash cushion to about $4.8 billion. Shares rose about 10% pre-market on the rally, though BTC remains below its October peak.

via Decrypt|
#bitcoin#btc-rally#business
Strategy Sells Bitcoin to Back STRC and Fund Buybacks
business2 months ago

Strategy Sells Bitcoin to Back STRC and Fund Buybacks

Strategy sold 1,638 BTC for about $104.7 million last week, reducing its BTC stash to 842,138 coins; proceeds funded $52.4 million in STRC dividends and an $81 million STRC preferred-share buyback, with the rest boosting cash reserves to roughly $4 billion for about 2.3 years of runway. The firm hasn’t bought BTC since June 22, and Michael Saylor has signaled a shift from his old “never sell” stance as BTC hovers near $64k amid mixed market news.

via Decrypt|
#bitcoin#business#buyback
Saylor Signals Potential BTC Buy as Strategy Keeps STRC at 12% Dividend
business2 months ago

Saylor Signals Potential BTC Buy as Strategy Keeps STRC at 12% Dividend

Strategy’s Michael Saylor teed up a possible BTC purchase with his 'Bitcoin Drive engaged' post after five weeks without a disclosed buy, while STRC will maintain its 12% variable dividend for August; the firm last reported holding about 843,775 BTC, bought for roughly $63.69 billion, a stake now valued around $53.3 billion as BTC trades near $63k, following sales and buys to fund distributions and cash reserves.

via theblock.co|
#bitcoin#business#dividend
AI Spending Could Slow Bitcoin Before It Boosts It, Says Saylor
markets2 months ago

AI Spending Could Slow Bitcoin Before It Boosts It, Says Saylor

Saylor argues that AI infrastructure investment by SpaceX, Google, Meta and others is temporarily diverting capital away from Bitcoin, creating a near-term headwind. He believes the AI spending cycle will eventually mature toward equilibrium, potentially turning into a tailwind, while noting other factors like trade tensions, regulatory delays and macro conditions as additional headwinds.

via Benzinga|
#ai-spending#artificial-intelligence#bitcoin
Strategy Adds 1,550 BTC for $101M, Raising Holdings to 845,256 BTC
bitcoin4 months ago

Strategy Adds 1,550 BTC for $101M, Raising Holdings to 845,256 BTC

Strategy, led by Michael Saylor, bought 1,550 more BTC for about $101.3 million (average ~$65,332) between June 1–7, lifting its total to 845,256 BTC (roughly $53.5 billion). The purchases were funded via ATM sales of MSTR stock, the firm’s USD reserves rose to $1 billion, and the stake now accounts for just over 4% of Bitcoin’s supply, implying about $10.5 billion in paper losses at current prices.

via The Block|
#bitcoin#btc#michael-saylor
Saylor hints at new BTC buy as Strategy remains underwater
markets4 months ago

Saylor hints at new BTC buy as Strategy remains underwater

Strategy's executive chairman Michael Saylor posted a BTC acquisition tracker on X with the caption 'A good time to add more dots,' a signal that a fresh bitcoin purchase may be disclosed this week. Strategy holds about 843,706 BTC at an average cost of $75,699 as of May 31, leaving the treasury roughly $11.7 billion underwater at current prices as BTC trades around the $61k level. The signal follows Strategy's June 1 disclosure that it sold 32 BTC (May 26–31) for about $2.5 million to fund the STRC dividend, and it comes one day before the June 8 annual meeting vote on moving STRC dividend payments from monthly to twice monthly. If a new buy is disclosed, it would fit Saylor’s pattern of signaling purchases ahead of 8-K filings, amid a broader market backdrop of weak prices and ETF outflows.

via The Block|
#bitcoin#markets#michael-saylor
Strategy’s Bitcoin Bet Strains Under Three-Way Pressure
business4 months ago

Strategy’s Bitcoin Bet Strains Under Three-Way Pressure

Strategy Inc., built to buy and hold Bitcoin, now faces a three-front squeeze as Bitcoin slides, the stock falls, and its STRC preferred shares trade below par. The firm just sold 32 Bitcoin for about $2.5 million—its first sale since 2022—raising the question of whether it can simultaneously protect Bitcoin holdings, support the stock, and maintain confidence in the preferred shares; analysts say one group may have to bear the pain to protect the others.

via Bloomberg.com|
#bitcoin#business#markets
Strategy's BTC Sale Tests the Inoculation Plan as Market Reacts
business4 months ago

Strategy's BTC Sale Tests the Inoculation Plan as Market Reacts

Strategy sold 32 BTC for about $2.5 million and used $2 billion from STRC to buy 24,869 BTC, draining cash ahead of a monthly dividend. The move breaks the long-running “never sell” narrative, sparks concerns of a structural crack in Strategy’s Bitcoin yield flywheel, and coincides with STRC depegging and about $1.76 billion in liquidations as BTC trades near the mid-$60k range. Analysts split: some see it as balance-sheet leverage friction rather than a death spiral, while others see potential for further equity raises or dividend tweaks and possible more BTC sales. The path forward remains uncertain amid volatile price action and shifting institutional dynamics.

via Decrypt|
#bitcoin#business#depegging
Saylor Sells BTC for First Time Since 2022, Funds STRC Payouts
business4 months ago

Saylor Sells BTC for First Time Since 2022, Funds STRC Payouts

Strategy Executive Chairman Michael Saylor disclosed selling 32 BTC between May 26–31 at an average of about $77,135 (roughly $2.5 million), marking the first Bitcoin sale by the company since December 2022. Proceeds will fund distributions on STRC preferred stock, even as STRC carries roughly $13.5 billion in preferred obligations with about $871 million in cash, raising questions about future selling and dividend coverage. The news coincides with a Bitcoin dip to around the $69k area and has spurred a Polymarket dispute over whether the May sale qualifies, highlighting investor uncertainty about Strategy’s ongoing crypto exposure.

via Decrypt|
#bitcoin#business#michael-saylor