All articles tagged with #strategy inc
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.
Bitcoin extended its longest losing streak since August, sliding to around $61,300 as bearish momentum and a week of record ETF outflows weighed on sentiment. Ether dropped to its lowest since April 2025, and a rare sale by Michael Saylor's Strategy Inc. added pressure, even as tech stocks rallied.
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.
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.
Strategy Inc. created a $1.4 billion reserve to cover at least 21 months of dividend payments amid concerns over falling Bitcoin prices and its potential need to sell crypto holdings. Despite the reserve announcement, its shares dropped nearly 8% due to fears of liquidity issues and the company's declining valuation, highlighting the risks of its Bitcoin-centric financial strategy amid market volatility.