Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to market watcher Sir Chartist, Strategy’s stock (MSTR) may be headed for a sharp drop before it bounces back. He thinks shares could slide as low as $350. Then, once selling dries up, a fresh push might carry the price back […]
Market Shock Incoming? Strategy Stock Could Crash Then Soar, Analyst Says Read More »
Strategy (formerly MicroStrategy) has unveiled plans to raise $2.1 billion via sales of its Series A Perpetual Strife Preferred Stock (STRF). According to the May 22 statement, the stock will be issued under an at-the-market (ATM) program. This structure allows Strategy to sell shares gradually, based on favorable market conditions like trading volume and price.
Bitcoin Magazine The Blockchain Group Secures €8.6 Million to Boost Bitcoin Strategy The Blockchain Group (ALTBG), listed on Euronext Growth Paris and known as Europe’s first Bitcoin Treasury Company, has announced a capital increase of approximately €8.6 million as it pushes forward with its Bitcoin Treasury Company strategy. The funding was raised through two operations,
The Blockchain Group Secures €8.6 Million to Boost Bitcoin Strategy Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Strategy has just announced its brand new Bitcoin purchase. Here’s how the profit-loss situation of the firm’s holdings looks now. Strategy Has Made A New Bitcoin Acquisition Worth $764 Million In a new post on X, Strategy Chairman Michael Saylor has shared
How Much Profit Is Firm In Now? Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On May 16, a class action lawsuit was filed against Michael Saylor’s Strategy (previously MicroStrategy) and its top executives, including President and CEO Phong Le and Chief Financial Officer Andrew Kang. The plaintiff, Anas Hamza, alleges that the Bitcoin (BTC) proxy firm
Class Action Lawsuit Filed Against Strategy Over Alleged Bitcoin Misleading Read More »
Strategy, formerly MicroStrategy, has been hit with a class-action lawsuit over alleged misleading statements tied to its Bitcoin strategy. The May 19 Lawsuit filing claims Strategy hid the associated risks, citing a $5.9 billion unrealized Q1 loss that triggered an 8.67% drop in MSTR shares during April 7 trading. The “anticipated profitability” and “risks associated
The company’s total Bitcoin holdings now stand at 576,230 BTC. Average cost basis updated to $69,726 per Bitcoin. The lawsuit was filed by Pomerantz LLP in Virginia over alleged investor deception. MicroStrategy, now rebranded as Strategy, is once again making waves across financial markets. The company, known for holding the largest corporate stash of Bitcoin,
Strategy hit with lawsuit as Bitcoin holding tops $59B Read More »
Strategy Inc. (NASDAQ: MSTR) has deepened its already commanding position in the Bitcoin market, acquiring an additional 7,390 BTC for $764.9 million during the week of May 12–18. The company disclosed that the average purchase price was $103,498 per bitcoin, a major jump from its historical average cost basis. This latest acquisition comes just a
Strategy Bets $764.9M on 7,390 BTC, Doubling Down on Corporate Crypto Crown Read More »
Two of the largest corporate Bitcoin holders, Strategy (formerly MicroStrategy) and Japan-based Metaplanet, have significantly expanded their crypto treasuries this week. According to separate May 19 announcements, both firms collectively acquired 8,394 BTC, spending nearly $870 million. This follows their buying spree the previous week, when the companies added almost 15,000 BTC. As a result,
Bitcoin Magazine Strategy Buys $765 Million Worth of Additional Bitcoin Strategy has acquired 7,390 Bitcoin for approximately $764.9 million, according to a Form 8-K filed with the Securities and Exchange Commission on Monday, as the company continues its aggressive Bitcoin accumulation strategy amid rising institutional adoption. The business intelligence firm purchased the Bitcoin at an
Strategy Buys $765 Million Worth of Additional Bitcoin Read More »
