Michael Saylor hints at first bitcoin purchase in two months as bitcoin nears $79,000
Bitcoin rebounds from Friday’s low as Strategy’s valuation expands and bitcoin dominance climbs above 60%.
Michael
Michael Saylor and team maintain 12% dividend for STRC
Holders of Strategy’s (MSTR) high-yielding preferred stock STRC will not see a dividend increase in August. Led by Executive Chairman Michael Saylor, Strategy is maintaining the current 12% dividend on the shares. STRC investors may have been expecting as much as a 50-basis-point hike in… Read More
Michael Saylor calls Bitcoin’s new BIP-110 proposal ‘a bad idea’
Michael Saylor, executive chairman and co-founder of Strategy, has come out swinging against a new proposal to clean up Bitcoin’s ‘spam,’ arguing that it could fundamentally alter how the world’s largest blockchain operates. The Bitcoin Improvement Proposal (BIP) 110, aimed at temporarily restricting arbitrary data… Read More
Michael Saylor revives bitcoin-buy speculation as scrutiny grows
Michael Saylor may have offered a clue about Strategy’s (MSTR) next move after last week’s surprise bitcoin BTC$62,806.40 sale. On Sunday, the company’s executive chairman posted the chart traditionally used to track Strategy’s bitcoin purchases on X, writing: “A good time to add more dots.”… Read More
Michael Saylor backs STRC after strategy sells bitcoin to fund preferred dividends
Disclosure: The author of this story owns shares in Strategy (MSTR). Strategy (MSTR) Executive Chairman Michael Saylor appeared to underscore the company’s focus on its perpetual preferred stock, making STRC the focus of his first public comment after the largest publicly traded holder of bitcoin… Read More
Strategy’s Michael Saylor says selling bitcoin to fund dividends is ‘inconsequential’
When Strategy (MSTR), the largest publicly traded company holding bitcoin, first floated the idea of selling its bitcoin stash to fund its dividend obligations during its recent earnings call, it raised concerns among investors and the crypto community. However, executive chairman Michael Saylor sat down… Read More