Stories tagged “Strategy.”
30 stories
Solstice Finance launched strcUSX on Solana, a structured product that splits exposure to Strategy's STRC preferred stock into senior and junior tranches targeting 7% and 20%+ yields.
Strategy, the biggest corporate holder of Bitcoin, has sold 1,638 Bitcoins for $104.7 million and bought back 912,143 shares of its preferred stock. CEO Phong Le says the company will continue to manage its capital structure and rotate into Bitcoin, and will get through t…
Samsung's Executive Vice President and Head of the Design Team for mobile, Hubert Lee, discussed the company's decisions around the Galaxy Z Fold 8's new shape, color choices across its new foldable lineup, and the controversial 'cushion' design still in place on Galaxy W…
Strategy Sells 1,638 Bitcoin to Fund Dividends and Repurchase STRC Stock
Strategy, a company led by Michael Saylor, has sold 1,638 Bitcoin for approximately $104.7 million. The funds were used to pay dividends on Strategy's STRC perpetual preferred stock and repurchase STRC shares.
Strategy, a company that holds the largest corporate amount of Bitcoin, has sold 1,638 BTC for $104.7 million. The sale occurred between July 27 and August 2, at an average price of $63,957 per coin. The proceeds were used to cover dividend payments and buybacks of prefer…
Strategy sold 1,638 BTC for $104.7 million, cutting its Bitcoin stack to 842,138 coins. The sales leave Strategy with an aggregate cost basis of $63.51 billion, or $75,419 per Bitcoin.
Strategy sold 1,638 BTC, reducing its holdings to 842,138 BTC, and issued 3.01 million MSTR shares to raise $290.6 million. The proceeds funded preferred dividends, added $250 million to the USD reserve and helped repurchase 912,143 STRC shares for $81.2 million.
Strategy's preferred STRC shares ended July well below their $100 par value, and investors were told that their August dividend will not increase, holding at 12%. The company has built a $3.75 billion cash reserve to support preferred stock payouts.
Strategy is maintaining the dividend on its high-yielding preferred stock, STRC, at 12%. In the past, the company has raised the payout on STRC anytime it spent enough of the previous month trading sizably below par.
STRC, the largest Bitcoin treasury company, is buying back its credit through open-market repurchases. This move aims to improve the company's Net Bitcoin Per Share metric, which measures the residual BTC owned by common stock after senior liabilities are considered.
Core Scientific, a publicly-traded miner, has added more Bitcoin to its balance sheet in Q2 despite its selling strategy. The company's holdings have shrunk overall this year, but it has quickly added more Bitcoin to its balance sheet in the past quarter.
Strategy, a major player in the crypto market, has chosen to invest in cash and STRC over Bitcoin, marking its longest pause in buying BTC in two years. This decision has added $525 million to its cash reserves, bringing the total to $3.75 billion, covering 2.1 years of i…
Strive’s SATA preferred shares have rebounded from a June low of $83.30 to about $97, recovering most of the selloff and moving back within roughly 3% of their $100 par value.
Strategy, the biggest corporate holder of bitcoin, has created a new market metrics framework to give common equity holders a more transparent overview of the company's position. The new framework takes out the company's growing preferred stock and convertible debt obliga…
Bitcoin's price jumped to nearly $67,000 per coin, bringing crypto stocks like Strategy with it. The price jump comes as stocks also trade higher — despite tensions in the Middle East flaring up again.
Bitcoin has decoupled from traditional markets, showing relative strength despite failing to break above $65,500. The cryptocurrency's resilience amid AI stocks weakness and increased risk aversion sets the stage for a potential rally to $70,000.
Strategy, a Bitcoin treasury firm, has added $225 million to its cash reserves by selling 2,732,318 shares of its MSTR common stock. The firm chose stock sales over Bitcoin sales for the second consecutive week, lifting its USD Reserve to $3.225 billion without touching i…
Bitmine, the largest Ethereum treasury firm, slowed its Ethereum purchases last week, adding 7,430 ether worth about $14 million as it shifted capital to a share buyback program.
Strategy, the world's largest corporate holder of Bitcoin, has raised $263.5 million through sales of its MSTR common stock while maintaining its current Bitcoin holdings. The company has increased its US dollar reserve to $3.225 billion.
Strategy, the world's largest corporate bitcoin holder, raised its cash reserve by $225 million after selling common stock, bolstering liquidity while leaving its bitcoin holdings unchanged.
Strategy sold $263.5 million in MSTR shares last week without buying bitcoin, raising its U.S. dollar reserve to a record $3.225 billion while maintaining its 843,775 BTC treasury and continuing its recent shift toward cash accumulation.
Michael Saylor, executive chairman of Strategy, has published a 110-point essay opposing Bitcoin's proposed BIP-110 soft fork. BIP-110 would temporarily restrict non-financial data such as Ordinals and inscriptions on Bitcoin. Saylor argues the change sets a dangerous pre…
Michael Saylor, executive chairman of Strategy, has expressed his disagreement with the proposed temporary fork, BIP-110, citing 110 reasons why he believes it is a bad idea. Saylor shares the objectives of the proposal but disagrees with the remedy.
BigBasket, India's online grocery pioneer, is undergoing a strategic overhaul under Tata Digital's push for profitability, reportedly shrinking its operational footprint to focus on profitable markets amidst intense quick commerce competition.
Strategy, a Bitcoin treasury firm, will resume buying the cryptocurrency once its preferred shares recover. The company has paused purchases since late June and raised $467 million in common stock to build a $3 billion cash reserve.
Washington's reliance on firepower over strategy, narrow decision-making, and refusal to face worst-case outcomes led to a costly stalemate in the war with Iran. Six major strategic errors were identified, including the illusion of a rapid end to the war, inability to und…
Strategy lifted its cash reserves to $3 billion via common stock proceeds, skipping a Bitcoin buy for the third straight week. The company raised $467 million during the period by issuing common stock, lifting the balance of its so-called USD Reserve to $3 billion.
Strategy Pads Cash Reserves to $3 Billion, Skipping Bitcoin Buy for Third Week. Strategy's Bitcoin-buying machine remained in neutral last week as the firm continued growing its cash reserves, forgoing acquisitions of the digital asset for a third straight week.
Standard Chartered sees communication challenges facing the biggest digital asset treasury company as 'muddying the waters' for Bitcoin in the near term. Strategy founder and chairman Michael Saylor again took to social media to offer his latest signal to investors as one…
Strategy has started selling Bitcoin to fund dividends on its preferred stock, a shift from its long-standing 'never sell' stance that has unsettled the market. Standard Chartered calls the selling 'mostly noise' and a communication problem, and is sticking to its end-202…