Auto Added by WPeMatico

Strategy Buys Another 1,587 BTC as Bitcoin Sale FUD Fades Away

Two weeks after announcing its first BTC sale in roughly four years, the Michael Saylor-founded business intelligence giant has reaffirmed its support for bitcoin, acquiring another 1,587 units for approximately…

Continue ReadingStrategy Buys Another 1,587 BTC as Bitcoin Sale FUD Fades Away

‘I Never Said the Company Wouldn’t Sell’: Michael Saylor Fires Back After Bitcoin Drop

Bitcoin (BTC) has fallen nearly 15% since Strategy disclosed on June 1 that it sold 32 BTC between May 26 and May 31 for about $2.5 million. MSTR stock, on…

Continue Reading‘I Never Said the Company Wouldn’t Sell’: Michael Saylor Fires Back After Bitcoin Drop

‘I Never Said the Company Could Not Sell Bitcoin’: Saylor Walks Back ‘Never Sell’ at BTC Prague

Strategy founder Michael Saylor told the BTC Prague conference he “never said the company could not sell bitcoin,” clarifying the firm may sell BTC when necessary after its first-ever sale…

Continue Reading‘I Never Said the Company Could Not Sell Bitcoin’: Saylor Walks Back ‘Never Sell’ at BTC Prague

JPMorgan: Strategy’s $1.7 Billion Dividend Bill Could Force More Bitcoin Sales

JPMorgan warned that Strategy’s ability to fund roughly $1.7 billion in annual dividends could shape the crypto market’s second half, after the company sold bitcoin for the first time since…

Continue ReadingJPMorgan: Strategy’s $1.7 Billion Dividend Bill Could Force More Bitcoin Sales

Saylor’s Strategy Resumes Bitcoin Accumulation Spree After Last Week’s Sale

After hinting on Sunday that the company he co-founded and spearheaded for years has resumed its BTC acquisitions, Michael Saylor made it official minutes ago, indicating that Strategy has purchased…

Continue ReadingSaylor’s Strategy Resumes Bitcoin Accumulation Spree After Last Week’s Sale

Here’s How Deeply Underwater Corporate Crypto Bets Have Become After Latest Crash

The past week or so has been nothing short of a bloodbath in the cryptocurrency markets, with bitcoin plummeting to $59,000 on Friday for the first time in 19 months.…

Continue ReadingHere’s How Deeply Underwater Corporate Crypto Bets Have Become After Latest Crash