Strategy (MSTR), the largest publicly traded holder of bitcoin, did not seem to have increased its BTC position last week. Executive Chairman Michael Saylor usually signals upcoming purchases on X each Sunday, followed by a detailed update around 8 a.m. ET on Monday. There was… Read More
Investment bank B. Riley initiated coverage of bitcoin treasury firms Strategy (MSTR) and Strive (ASST) with buy ratings, setting price targets of $175 and $12, respectively. Strategy was trading at $141.82 at publication time, Strive at $8.67. The sector was pressured after bitcoin fell more… Read More
Bitcoin BTC$65,416.50 fell back below $66,000 Friday in the early U.S. session as mounting macro risks are spooking investors away from risky assets. The largest crypto now has erased most of Wednesday’s surge, plunging 3% from around $68,000 in the past few hours to $65,600… Read More
Strategy (MSTR) added to its bitcoin BTC$68,765.15 holdings, but appears to have made all its purchases before the deep price plunge in the back half of the week. Led by Executive Chairman Michael Saylor, the company added 1,142 bitcoin for $90 million, or an average… Read More
Strategy (MSTR) continued its weekly bitcoin purchases, though last week’s acquisition was relatively small. Led by executive chairman Michael Saylor, the company purchased 855 bitcoin for $75.3 million, or an average price of $87,974 each. The purchases were funded via the sale of common stock,… Read More
For the past twelve months, Strategy (MSTR) Executive Chairman Michael Saylor has maintained a consistent pattern, making a playful X post nearly every Sunday using a chart with orange dots to suggest a Monday announcement of additional bitcoin BTC$91,425.49 purchases. The pattern appeared to break… Read More
