tldrdailynews.com logo
Tag

Microstrategy

All articles tagged with #microstrategy

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 trims Bitcoin hoard again, offloads 1,638 BTC for $104.7M
business2 months ago

Strategy trims Bitcoin hoard again, offloads 1,638 BTC for $104.7M

Strategy sold 1,638 BTC for about $104.7 million between July 27 and Aug. 2 at an average price of roughly $63,957, reducing its BTC holdings to 843,138 BTC (about 4% of the 21 million supply). Proceeds funded distributions on STRC and STRC buybacks, and the firm also sold 3,011,361 MSTR shares for about $290.6 million while boosting its USD reserve. Bitcoin traded near $62,400 after the filing, and the position carries roughly $10.9 billion in unrealized losses as Q2 results show an $8.2 billion hit from BTC declines.

via The Block|
#bitcoin#btc#business
Strategy pivots to cash buffer as Saylor eases 100% BTC pledge
markets2 months ago

Strategy pivots to cash buffer as Saylor eases 100% BTC pledge

Analysts at TD Cowen and Benchmark reaffirm Buy on Strategy after its Q2 results, noting management’s shift from a 100% BTC allocation to a cash-heavy plan designed to return STRC to par and fund more BTC purchases. The quarter showed an $8.2B loss driven by unrealized BTC declines, Strategy’s BTC holdings rising to about 843,775 and a dollar reserve near $3.75B (enough to cover about two years of dividends). Institutional STRC holdings climbed to roughly $3.1B (about 29% of STRC), with management signaling buys below $100 to rebuild liquidity as targets diverge (Benchmark cut to $435, TD Cowen at $260). The stock traded around $97.70 after the report.

via The Block|
#analysts#bitcoin#markets
MicroStrategy Bitcoin Selloff Rumor Fails to Move Markets
markets3 months ago

MicroStrategy Bitcoin Selloff Rumor Fails to Move Markets

Unconfirmed on-chain data suggested MicroStrategy moved 491 BTC on July 1, fueling rumors of a new sale, but there is no SEC filing or confirmation from Michael Saylor; Bitcoin shrugged off the rumor and rose above $61,800 by July 3, indicating demand currently outweighs concerns while MicroStrategy had authorized up to $1.25 billion in tactical BTC sales and had previously sold 32 BTC in May.

via BeInCrypto|
#bitcoin#market-reaction#markets
Strategy Rebounds on New Bitcoin Capital Framework
business3 months ago

Strategy Rebounds on New Bitcoin Capital Framework

Strategy (MSTR) snapped a nine-day losing streak after unveiling a Digital Credit Capital Framework that could allow selling up to $1.25 billion of Bitcoin to fund its cash reserves (expanded to $2.55 billion), payouts on Stretch (STRC), and debt management; analysts praised the framework as a robust, direct answer to investor concerns, sending the stock up about 12.6% to $92.68, while the company holds 847,363 Bitcoin with roughly $13.1 billion in unrealized losses.

via Decrypt|
#bitcoin#business#capital-management
MicroStrategy’s Bitcoin Bet Faces Breaking Point as Leverage Grows
business3 months ago

MicroStrategy’s Bitcoin Bet Faces Breaking Point as Leverage Grows

MicroStrategy’s bitcoin-treasury strategy has hit a breaking point: enterprise mNAV fell to 0.99, meaning its total debt and perpetual stock now exceed its bitcoin holdings and threaten future financing. In a bear market, rising leverage and weaker bitcoin prices have exposed the model’s risks, with analysts predicting further downside to around $50k–$20k and possible bitcoin liquidations if needed. The firm’s famed “never sell” stance has softened as Saylor acknowledges potential sales to shore up the balance sheet.

via 24/7 Wall St.|
#bitcoin#business#debt
Saylor hints at further BTC buys as MicroStrategy stock slides
markets3 months ago

Saylor hints at further BTC buys as MicroStrategy stock slides

MicroStrategy shows 847,363 bitcoin worth about $50.9 billion as of June 28, 2026, with an average cost of $75,653 per BTC across 113 buys, signaling continued accumulation despite a slump in MSTR as concerns over funding and dividend obligations mount; Saylor indicated more data points and buying could be coming, while the treasury reportedly still covers roughly 10 months of payouts.

via CoinDesk|
#bitcoin#dividend#markets
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
markets4 months 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.

via Investing.com|
#bitcoin#bitcoin-holdings#market-panic
Tiny Bitcoin Sale, Big Market Signal: Strategy Breaks Its Buying Streak
business4 months ago

Tiny Bitcoin Sale, Big Market Signal: Strategy Breaks Its Buying Streak

Strategy disclosed a pre-planned sale of 32 Bitcoins for about $2.5 million—the first such sale in nearly four years—to fund dividends on its Stretch perpetual stock. The move appears aimed at inoculating the market rather than covering obligations and triggered a drop in both Strategy’s stock and Bitcoin, though the sale is a tiny fraction of its holdings. Management says Strategy remains a net buyer of Bitcoin, so investors shouldn’t panic or rush to sell based on this small sale; the episode is framed as a psychological signal rather than a fundamental shift in fundamentals.

via The Motley Fool|
#bitcoin#business#market-reaction
MicroStrategy's Bitcoin Sale Sparks Debate on Its Treasury Strategy
business4 months 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.

via 24/7 Wall St.|
#bitcoin#bitcoin-holdings#business
Strategy vows to relentlessly accumulate BTC, promising 10–20 per sale
companies5 months ago

Strategy vows to relentlessly accumulate BTC, promising 10–20 per sale

Strategy, Inc. chairman Michael Saylor said the firm would replenish any bitcoin it sells with 10 to 20 more BTC, aiming to be a net accumulator even if occasional bitcoin sales fund STRC dividends; the company holds about 818,334 BTC worth roughly $66.2 billion and could pause sales if it’s more accretive to shareholders, with JPMorgan analysts predicting BTC purchases could reach about $30 billion this year if the pace continues. The block also notes strength in Strategy’s software/AI business, and the stock rose on the news.

via The Block|
#bitcoin#bitcoin-accumulation#companies
MicroStrategy pivots to active Bitcoin balance-sheet optimization
business5 months ago

MicroStrategy pivots to active Bitcoin balance-sheet optimization

MicroStrategy says it will move beyond its long-time 'never sell' stance and actively manage its $61.81B Bitcoin stash (818,334 BTC, about 4% of the supply) to boost bitcoin per share, including selling BTC to raise dollars or to buy debt if accretive. The company funds purchases via equity and debt and now maintains a $2.25B USD reserve to cover dividends on preferred stock and interest on debt. It posted a $12.5B net loss in Q1 as Bitcoin’s price slump weighed on results, and executives say the goal is to increase bitcoin per share with a BTC yield around 9% year-to-date.

via CNBC|
#balance-sheet#bitcoin#bitcoin-per-share