Search results for MSTR
Crypto
Strategy CEO says it will sell bitcoin if needed; recent sale was to test market
Strategy addressed its first bitcoin sale since 2022, saying it was a signal to the market and a test of internal processes, not a change in its holding strategy. The company sold 32 bitcoin for about $2.5 million and said it aimed to prove it could sell if needed, verify systems and realise tax losses. It also bought additional bitcoin during and after the sale period and said the move was not driven by financial pressure.
Crypto
Peter Schiff criticises Strategy for buying 1,550 bitcoin, says BTC value per share falls
Economist Peter Schiff criticised Strategy after it bought an additional 1,550 bitcoin. The purchase was worth about $101 million and lifted Strategy’s total holdings to 845,256 bitcoin, The Crypto Basic reported. Schiff said Strategy’s current financing dilutes common shareholders faster than bitcoin exposure rises, reducing the bitcoin backing each share over time. He also criticised Michael Saylor for omitting per-share details and noted the company did not disclose its “bitcoin yield” metric in the latest filing.
Crypto
Strategy buys 1,550 bitcoin for $100 million, resumes net buying after selling 32
Strategy bought an additional 1,550 bitcoin from June 1 to 7, spending about $100 million at an average price of $65,332 per coin, CoinPost reported. The purchase lifted its total bitcoin holdings to 845,256. The firm had sold 32 bitcoin in late May to raise about $2.5 million, its first bitcoin sale since December 2022, but it quickly returned to net buying. It funded the latest purchase with proceeds from selling Class A common stock.
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Crypto
Portnoy urges Strategy chair Saylor to buy more bitcoin after XRP, MSTR losses
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Crypto
Strategy bitcoin sale rattles market as \'never sell\' narrative breaks
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Crypto
Strategy sells 32 bitcoins, ending \'infinite accumulation\' narrative
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Crypto
Bitcoin shaken by Strategy-driven selling fears, road back above $70,000 tough
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Crypto
Strategy makes surprise sale of 32 bitcoins after pledging not to sell
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Crypto
Strategy pushes to double STRC dividend frequency; Peter Schiff asks if cash is running out
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Crypto
Institutions buy, whales sell: Why Bitcoin rally stalls
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Crypto
Bitcoin aims to reclaim $80,000 after slip; three factors in focus
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Crypto
Strategy buys $2.01 billion of bitcoin, taking holdings above 843,738 BTC
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Crypto
Strategy nears STRC issuance cap, will bitcoin buying slow
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Crypto
Strategy buys 535 more bitcoin, holdings rise to 818,869 BTC
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Crypto
Michael Saylor says Strategy will buy 10 to 20 bitcoins for each one sold
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Crypto
Samson Mow says Strategy\'s Bitcoin sale comment meant to keep options open
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Crypto
Peter Schiff targets Strategy preferred share structure, calls it Ponzi-like
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Crypto
Peter Schiff rebuts Michael Saylor\'s $1 million bitcoin call