Latest news on Michael Saylor

Michael Saylor’s company increased its acquisition of BTC over the previous week by purchasing 487 coins to add to its $67 billion treasury.

Bitcoin treasury stocks may have seen the worst of their declines, with an investment firm ending its short position on Strategy after its mNAV decline “played out.”

The company continues to offer corporate debt securities and equities to finance its Bitcoin acquisitions despite recent troubles.

Crypto analyst Willy Woo says it would need to be “one hell of a sustained bear market” to force Strategy to liquidate any of its Bitcoin.

Strategy’s Bitcoin acquisition rate has been significantly down since September, threatening to limit Bitcoin’s price recovery.

Michael Saylor still foresees a $150,000 Bitcoin price by the end of the year, despite temporary concerns with import tariff escalations.

Strategy is unlikely to make deals to acquire its Bitcoin-buying rivals, with founder Michael Saylor saying it’s too risky.

Positive regulatory developments in the US over the last 12 months are a good sign for the digital asset industry and markets, the Strategy co-founder said.

Strategy may join the S&P 500 by year-end, even as Bitcoin buys slow and investor sentiment fades, 10x Research said.

Metaplanet’s market-based net asset value (mNAV) fell to 0.88 last week, prompting the Tokyo-listed Bitcoin treasury company to launch the Bitcoin-backed share buyback.

Strategy posted few BTC buys in October, with only 778 BTC purchased, down 78% from 3,526 BTC in September.

After its latest modest purchase, Michael Saylor’s Strategy has 59,582 BTC to go before hitting 700,000 BTC on its balance sheet.

Michael Saylor says Strategy can convert $100 million in capital into Bitcoin within hours — a speed he claims outpaces any other investment class.

Michael Saylor has hinted that Strategy may add to its Bitcoin stash after sharing a chart showing $69 billion in BTC holdings.

Michael Saylor’s Strategy Inc. announced its first Bitcoin purchase in October after opting not to buy more BTC the previous week.