The company’s fourth Bitcoin sale since June underscores its push to build cash and reassure investors.
Strategy sold $109M in Bitcoin last week, using the proceeds to buy back STRC while leaving its separate USD Reserve capacity untouched.
Michael Saylor says Strategy needed to prove it could sell Bitcoin without crashing the market or undermining its treasury model. Strategy sold 1,638 BTC for ...
The Bitcoin treasury firm Strategy (MSTR) sold 1,690 BTC worth $109 million in the past week, its second consecutive week of ...
Bitcoin treasury company Strategy on Monday announced that it again sold Bitcoin last week, and used the cash to buy back its preferred stock.
Strategy sold nearly $109 million worth of Bitcoin and more than $650 million of its own shares last week as Michael Saylor's company continues a major shift toward managing its increasingly complex ...
Michael Saylor's company is taking another step that could reshape its treasury strategy.
Strategy sold $109M in Bitcoin to buy back stock, boosting liquidity. STRC hitting $100 by December 31 at 74% YES.
In a significant pivot, Strategy has gone from Bitcoin accumulation to capital management.
Michael Saylor says Strategy sold Bitcoin to prove BTC sales would not crash the market as Bitcoin tests the $65K resistance.
Strategy sold 1,690 BTC for just over $108 million last week to fund STRC stock buyback while it increased its USD reserve.
Michael Saylor’s Strategy Inc. spent another week revising the company’s capital structure by selling more Bitcoin and common shares to bolster its cash reserve.