Key Notes Bitcoin soared past $87,000 after Strategy bought 6,911 BTC for $584.1 million. The firm now holds a total of 506,137 BTC, acquired for approximately $33.7 billion. After weeks of underperformance, MSTR stock also reclaimed the $300 level. Market leading digital asset Bitcoin BTC $88 013 24h volatility: 3.4% Market cap: $1.75 T Vol. … Read more
Key Notes Strategy is eyeing a $500 million funding via stock sales to purchase more Bitcoin. The company seeks to offer 5 million shares of its 10% Series A Perpetual Strife Preferred Stock. CryptoQuant CEO predicted that the BTC bull market is over while Michael Saylor sees BTC at $440K by year-end . In a … Read more
Key Notes Strategy acquired 130 BTC at an average price of $82,981 per BTC last week. The purchase was completed via the sale of 123,000 shares of its preferred stock (STRK). The acquisition comes ahead of the Fed’s FOMC meeting–the final one before May 2025. Strategy (formerly MicroStrategy) has once again bolstered its Bitcoin BTC … Read more
After markets closed on Monday, Delta Airlines (DAL) fell by nearly 12%. The airline cut its guidance for the first quarter. Delta’s Q1 revenue will be in the range of 3% to 4%. This is well below the 7% – 9% prior guidance. The firm blamed a fall in consumer and corporate confidence. … Read more
Key Notes Sora Ventures has doubled down on its Bitcoin bet with MicroStrategy 2.0. The investment firm aims to offer yield to investors through the product. It copied insights from Metaplanet, a Japanese firm with a growing Bitcoin portfolio. Sora Ventures, an Asia-based venture capital firm, has unveiled the “MicroStrategy 2.0 framework.” According to a … Read more
Key Notes BlackRock’s filing marks a 0.91% increase in MSTR holdings during Q4 2024, up from 4.09% in the previous quarter. Strategy continues to serve as a proxy for institutional Bitcoin exposure, delivering 540% stock returns over the past year. Strategy introduced updated performance metrics alongside its Q4 earnings, targeting $10 billion in Bitcoin gains … Read more
Key Notes The strategic rebrand reflects dual focus on Bitcoin and AI technology, with new orange branding symbolizing crypto commitment. The Q4 acquisition of 218,887 BTC for $20.5B marks aggressive accumulation phase following Trump’s re-election. The company raises $15.1B through stock offering in Q4, with additional $2.4B YTD, setting $10B BTC gain target for 2025. … Read more
Strategy, the largest corporate holder of bitcoin, said it’s almost halfway to its ambitious capital raising goal as it went on a buying spree throughout the postelection rally. The company formerly known as MicroStrategy said since the end of the third quarter it has acquired 218,887 bitcoins for $20.5 billion. Strategy currently holds 471,107 bitcoins … Read more
Bitcoin stacking firm Strategy — which has just rebranded from MicroStrategy — reported a net loss of $670.8 million for the fourth quarter as the firm stacked an additional 218,887 Bitcoin. On Feb. 5, Strategy reported $120.7 million in revenue in the fourth quarter, marking a 3% year-on-year fall that missed analyst estimates by about … Read more
In an announcement today, medical device manufacturer Semler Scientific revealed that it has acquired an additional 871 Bitcoin (BTC) to strengthen its treasury reserves. Meanwhile, MicroStrategy, the largest corporate BTC holder, appears to have temporarily halted its weekly Bitcoin purchases. Semler Scientific Expands Its Bitcoin Holdings Despite BTC fluctuating around the $100,000 price level amid … Read more