Key highlights: Strategy has offloaded 1,690 BTC to fund its STRC stock buybacks The company also sold MSTR shares, using proceeds to increase its US dollar reserves to over $4.6 billion While Strategy is dumping its BTC, other firms are ramping up their accumulation spree Strategy has sold 1,690 Bitcoin (BTC) for $106 million over […]
Tag: MSTR
Key highlights: Maxim Group reduced its MSTR target from $250 to $215 This came after Strategy sold more Bitcoin this week Cantor Fitzgerald and B. Riley also lowered their MSTR price targets Wall Street is gradually changing from its bullish stance on Strategy’s MSTR. Maxim Group is the latest institution to cut its target for […]
Key highlights: Strategy hasn’t bought any BTC over the past four weeks. The company is now focusing on strengthening its cash reserves. The firm sold MSTR shares and also repurchased the STRC stocks. Michael Saylor’s Strategy is now taking a different approach, pausing its Bitcoin purchases for almost four weeks. The company, which has been […]