A reported $1 million Bitcoin proxy bet tied to Strategy is said to be back at break-even, but the bigger story is the messy machinery behind the trade: dilution, preferred dividends, and financing costs still cloud the economics of this popular BTC stand-in.
Read Full Article
Strategy has authorized up to $1.25 billion in Bitcoin sales as a liquidity backstop, even as preferred dividends and other fixed obligations grow. With 847,363 BTC still on the books, the move signals flexibility — and a more sober look at the real cost of running a giant Bitcoin treasury.
Read Full Article
Strategy’s STRC has slipped below par, exposing the ugly truth behind the Bitcoin-yield sales pitch: it’s unsecured corporate credit, not Bitcoin collateral, and retail investors are getting hit as financing pressure mounts.
Read Full Article
Strategy’s STRC preferred stock got smoked in market stress, briefly tanking below its $100 reference level and exposing how leveraged Bitcoin-linked credit products can unravel fast.
Read Full Article
BitMine Immersion Technologies is turning into a very different kind of public company: one that is piling into Ethereum, planning to stake a huge chunk of it, and wrapping the whole thing in a capital-markets machine that includes preferred stock. This is not your grandpa’s Bitcoin miner anymore. $9.6 billion in crypto and cash reserves […]
Read Full Article
Strategy, the bitcoin treasury giant led by Michael Saylor, has sold a tiny sliver of its BTC stash for the first time since 2022 — and no, that does not mean the company has suddenly gone soft on bitcoin. The sale covered preferred stock distributions, not some panicked exit, while Strategy still holds a jaw-dropping […]
Read Full Article
Strive has added another 382 Bitcoin to its treasury, pushing its total stash to 15,391 BTC and cementing its place among the biggest publicly disclosed corporate Bitcoin holders. 382 BTC bought for about $30.3 million Total holdings: 15,391 BTC, worth roughly $1.2 billion Funding method: preferred stock, not traditional debt Ranking: ninth-largest publicly disclosed corporate […]
Read Full Article
Strategy’s STRC preferred stock may be quietly shaping Bitcoin’s mid-month liquidity cycles Bitcoin is being influenced by more than spot buyers and ETF inflows now. K33 Research says Strategy’s STRC mechanism may be creating a recurring flow of capital that helps drive Bitcoin buying pressure around the middle of each month. STRC may be adding […]
Read Full Article
Michael Saylor just cracked open one of Bitcoin’s most sacred slogans: Strategy may sell some BTC, not because the ship is sinking, but to fund a dividend and prove the market can handle it. Possible BTC sale: to fund a dividend, not to patch a hole Big pivot: away from the clean “buy forever” soundbite […]
Read Full Article
Strategy’s latest Bitcoin buying spree may be doing more than just stacking sats — it may also be helping power BTC’s recent 20% rebound, according to Bitwise CIO Matt Hougan. Strategy bought about $7.2 billion in Bitcoin over eight weeks Hougan says the company has been a major driver of Bitcoin’s 20% rebound STRC is […]
Read Full Article