Search results for Michael Saylor
Crypto
Strategy halts bitcoin buying again, redeems $176.3 million of STRC
Strategy stopped buying bitcoin again a week after resuming purchases. It instead redeemed 1,810,885 shares of its STRC preferred stock for $176.3 million and doubled the limit for its digital credit securities repurchase programme to $2 billion from $1 billion. The company did not buy or sell bitcoin from Aug. 31 to Sept. 7 and kept holdings at 845,050 BTC. It said it has $5.1 billion in dollar reserves and $1.44 billion in cash.
Crypto
Strategy\'s STRC push to reclaim $100 par value faces test
Strategy has deployed $635.2 million to return its preferred-type security STRC to its $100 par value, but it is still hovering around $97. With a remaining $364.8 million from a $1 billion buyback pool, investors are watching how much more capital the company will commit. Strategy has funded support with sales of bitcoin and MSTR shares while also resuming bitcoin purchases, as rival bitcoin-linked income securities expand and competition for investor demand increases.
Crypto
Bitcoin holds $78,000 support, analyst says more rally ahead
Bitcoin is holding a key support level after a sharp intraday drop, bolstering expectations for further gains. Crypto trader DonAlt said bitcoin could soon enter its next upward phase as it consolidates around $78,000 after nearing $81,000. The market is watching signs of renewed buying interest below $78,000, despite heightened volatility linked to comments by the U.S. Federal Reserve chair. Institutional buying and large bitcoin transfers also continued.
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Crypto
Strategy pushes back against possible MSCI index exclusion, citing bitcoin holdings bias
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Crypto
Michael Saylor says \'We\'re back\' as Strategy may resume bitcoin buying
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Crypto
Strategy holds 844,447 bitcoin but faces risks if funding dries up
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Crypto
Bitcoin jumps 23 percent in week, breaks above 200-day moving average for first time in 9 months
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Crypto
Michael Saylor calls bitcoin \'digital energy\' as Strategy capital structure draws attention
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Crypto
Uber early investor says no need for Strategy to invest in bitcoin
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Crypto
White House engages industry as Clarity Act wavers and crypto market splits
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Crypto
Saylor calls money \'economic energy\' and says bitcoin is best store
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Crypto
Bitcoin is capital, USDT is payment, Michael Saylor lays out digital finance infrastructure
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Crypto
Bitmine slows Ethereum buying ahead of 5 percent target
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Crypto
Strategy sells 6,948 bitcoins this year, testing its \'never sell\' stance
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Crypto
Strategy nears additional bitcoin purchase? Michael Saylor says \'Doing Business\'
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Crypto
Strategy could sell up to $5 billion worth of bitcoin
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Crypto
Bitcoin blockchain splits into two, sustainability of new chain uncertain
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Crypto
Coldcard hack drives $382 million inflows to spot bitcoin ETFs over two days