Michael Saylor, the outspoken Bitcoin (BTC) advocate and Strategy (previously MicroStrategy) co-founder, said on Tuesday that the company remains firmly committed to its long‑standing Bitcoin strategy, despite growing concerns about its financial risks. Strategy Will Buy Bitcoin Every Quarter Speaking in an interview with CNBC, Saylor said Strategy plans to continue buying Bitcoin on a…
Strategy, formerly known as MicroStrategy, is continuing its long‑standing Bitcoin (BTC) accumulation strategy despite ongoing market weakness and growing concerns around the firm’s unrealized losses. At the same time, Bitmine Immersion Technologies, chaired by well‑known market strategist Tom Lee, has revealed a major expansion of its Ethereum (ETH) holdings, underscoring a broader trend of corporate…
Strategy’s leadership is pushing back against growing concerns that the world’s largest corporate holder of Bitcoin (BTC) could face serious financial stress as the cryptocurrency’s price continues to slide. Speaking after the company released its fourth‑quarter results, CEO Phong Le sought to reassure investors that the firm remains well-positioned, even as Bitcoin fell close to…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…
Bitcoin’s (BTC) sharp sell‑off has intensified pressure on Strategy, the company formerly known as MicroStrategy, even as it continues to expand its already massive cryptocurrency holdings. On Monday, the firm disclosed another BTC purchase at a time when prices were sliding to levels not seen in almost a year. Strategy Adds Bitcoin During Market Sell‑Off…
Last week, Strategy — the biggest corporate Bitcoin holder on the planet and the company famously associated with Michael Saylor — quietly scooped up more BTC as markets slid. According to a fresh SEC filing, the firm bought 855 bitcoins for about $75.3 million. That works out to roughly $87,974 per BTC on average —…
Michael Saylor’s corporate Bitcoin pile — held by his company formerly known as MicroStrategy (now Strategy, Inc.) — has dipped below its average purchase price. Bitcoin’s recent slide into the mid-$70,000s briefly put its market value under the roughly $76,000 average cost per coin for the ~712,000 BTC the firm holds. On the surface that…
On Monday, Strategy, formerly known as MicroStrategy, announced a new acquisition of Bitcoin (BTC) in a filing with the US Securities and Exchange Commission (SEC). Notably, this latest purchase brings the company’s total holdings to nearly 680,000 BTC, with current figures standing at 672,497 BTC. Bitcoin Buys Vs. Stock Struggles Analysts, including Lirrato on the…
Bitcoin (BTC) has seen a slight recovery, edging back above the $89,000 mark as it attempts to break through the $90,000 resistance level. Nonetheless, concerns loom over further downward moves, raising worries about the risks this trend poses to firms like Strategy (formerly MicroStrategy). Analysts at the Bull Theory have posed a critical question regarding…
With Bitcoin (BTC) and Ethereum (ETH) prices facing significant corrections, the two largest publicly traded holders of these cryptocurrencies, Strategy (formerly MicroStrategy) and Bitmine Immersion, have made substantial moves to bolster their portfolios over the past week. Strategy Resumes Bitcoin Acquisitions On Monday, Strategy announced that, between 22 and 28 December, it had acquired 1,129…