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Strategy Inc

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Strategy vows to relentlessly accumulate BTC, promising 10–20 per sale
companies16 days 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.

Strategy CEO Signals Potential Bitcoin Sales Amid Market Slump
business5 months ago

Strategy CEO Signals Potential Bitcoin Sales Amid Market Slump

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.