Tag

Strc

All articles tagged with #strc

business25 days ago•7 min saved

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

business27 days ago•23 min saved

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

markets27 days ago•25 min saved

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

business1 month ago•27 min saved

Strategy Reports Q2 2026 Results as Bitcoin Holdings Expand and Reserves Grow

Strategy Inc. reported Q2 2026 results with a net loss of $8.22B on $122.4M revenue, largely due to an $8.32B unrealized loss on its bitcoin holdings, even as bitcoin ownership rose about 11% to roughly 846,000 BTC and the USD Reserve grew to $3.75B; cash and equivalents were $1.71B with $736.1M in short-term investments, while the company reiterated plans to keep STRC near $100 and to resume disciplined repurchases, including a $1.0B STRC program and a recent $28.89M STRC repurchase; it also continues its BTC monetization program, which has sold about $218.4M of BTC year-to-date to fund preferred-stock dividends; BTC yield was 4.5% YTD with a BTC gain of about 29,997 BTC and a BTC $ gain of roughly $1.95B, and Strategy introduced new KPI metrics and a methodology update for interim periods; the company hosted an investor call and warned that forward-looking statements carry risks such as bitcoin price volatility and financing conditions.

via Strategy|

#bitcoin #btc-yield #business

markets2 months ago•24 min saved

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

business2 months ago•8 min saved

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

business2 months ago•8 min saved

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

companies3 months ago•25 min saved

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

business5 months ago•7 min saved

Bitcoin defies equities as oil rally pushes it to weekly high

Bitcoin climbed about 2.6% to roughly $71,500, its highest in a week, as Brent crude surged on Middle East tensions. Analysts point to crypto-specific demand—highlighted by Strategy’s 11.5% yield STRC product linked to Bitcoin exposure—and renewed BTC inflows as drivers, helping cryptos withstand equity weakness amid a broader oil-driven rally.

via Decrypt|

#bitcoin #business #crypto-demand

business7 months ago•22 min saved

Strategy Bets Big on Bitcoin With a $2.1B Buy

Strategy spent $2.1 billion to buy 22,300 BTC—the firm’s largest Bitcoin purchase in over nine months—funded mainly by issuing common stock (about 77%) and nearly $300 million from selling STRC preferred shares. Bitcoin traded around the $90k–$97k range amid volatility, while Strategy’s stock has fallen sharply and the company says it holds about $2.2 billion in cash. STRC, a preferred share marketed by Saylor as a digital-credit instrument, helped fund the buys and is tied to the par value near $100.

via Decrypt|

#bitcoin #bitcoin-purchase #business