By Hassan Shittu Key highlights: Strategy bought 1,666 BTC, a 75% increase from last week’s 950 BTC, bringing total holdings to 847,666 BTC The purchase was funded by selling 1.47M MSTR shares ($246.2M raised), with $142.7M allocated to Bitcoin and $103.5M to STRC preferred stock repurchases Purchase size varies week-to-week depending on equity raise proceeds […]
Tag: MSTR
By Nynu Jamal Key highlights: Michael Saylor believes that the Senate’s failure to pass the CLARITY Act is a good development The current delay could help the industry to grow and expand more under existing rules The regulators have already taken initiatives to launch clear rules in the absence of the crypto bill The CLARITY […]
By Wayne Jones Michael Saylor’s Strategy swung an unrealized loss of more than $9.5 billion to a paper profit above $4.7 billion in just seven days. The reversal follows Bitcoin’s climb from the low $60,000s to above $80,000 over the same week, turning the largest corporate BTC holder’s balance sheet from red to green. The […]