Tag: MSTR

Strategy Hits Pause Button, but BitMine Keeps Buying Ethereum (ETH)

By Jordan Lyanchev BitMine Immersion Technologies, the Tom Lee-chair former bitcoin miner turned Ethereum treasury company, continues with its Monday announcements about major ETH acquisitions completed over the previous week. At the same time, the world’s largest corporate holder of any cryptocurrency, Michael Saylor’s Strategy, decided to skip a week as it raises funds for […]

Strategy’s STRC Stock Hits $1.1B Daily Volume Record

By Wayne Jones Strategy’s STRC perpetual preferred stock recorded $1.1 billion in daily trading volume on April 13. This was 46.5% higher than its previous single-day record and more than four times its 300-day average of about $274 million. A $100 Stock Moving Billions The share price moved one cent, the total liquidity was $1.156 […]

Modest Bitcoin Purchase From Strategy as Unrealized Losses Near $7 Billion: Details

By Jordan Lyanchev The ongoing cryptocurrency market correction, which many analysts have decisively called a full-on bear market, has not deterred the world’s largest corporate holder of bitcoin. Michael Saylor’s BTC-focused brainchild just announced its latest acquisition, which was relatively modest given the company’s history of billion-dollar purchases in the past. Strategy spent just under […]