Strategy Plans to Equitize Convertible Debt Over 3–6 Years: What It Means for BTC
The world’s largest corporate Bitcoin holder, Strategy, is playing the long game with its balance sheet in a bid to keep investors bullish after Bitcoin’s...
Tag : strategy
Strategy to equitize convertible debt over 3-6 years: Saylor
Strategy founder Michael Saylor has revealed the firm plans to convert its $6 billion in bond debt into equity — a move that reduces debt...
Bitcoin Treasuries Added $3.5 Billion in January—Almost All By Strategy
In brief Strategy accounted for 93% of Bitcoin purchases among digital asset treasuries last month. That represented the firm’s busiest month in a year. Other...
Strategy CEO eyes more preferred stock to fund Bitcoin buys
Bitcoin treasury company Strategy will further lean on its preferred stock sales to acquire Bitcoin, shifting from its strategy of selling common stock, says CEO...
Strategy Will Buy Bitcoin 'Forever', Says Michael Saylor—Even With $5 Billion Paper Loss
In brief Strategy founder Michael Saylor said the firm will be buying Bitcoin “every quarter, forever,” despite the firm’s mounting losses. He said that if...
Strategy Buys More Bitcoin as $50 Billion BTC Stash Remains Underwater
In brief Publicly traded Bitcoin treasury firm Strategy spent $90 million to purchase 1,142 Bitcoin last week. The company now holds nearly $50 billion in...
BitMine buys 40,613 ETH during sell-off as Ether strategy faces deep drawdown
Ether treasury company BitMine Immersion Technologies significantly increased its ETH holdings during last week’s market correction, signaling continued conviction in its long-term strategy despite mounting...
Saylor’s Strategy buys $90M in Bitcoin as price trades below cost basis
Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, added another tranche of BTC last week, expanding its holdings without pushing its overall cost...
Strategy, BitMine, Coinbase Shares Chart Major Rebound as Bitcoin Stabilizes
In brief Strategy stock rose 18% to $126.59 despite being 9.5% underwater on its 713,502 BTC treasury. BitMine shares jumped 13.9% to $19.83, with plans...
Strategy Posts $12.4B Loss as Bitcoin Falls Below Cost Basis
Michael Saylor’s Strategy reported a $12.4 billion net loss for the fourth quarter, driven largely by mark-to-market declines in its massive Bitcoin holdings. The loss...