Latest news on Michael Saylor

The investment makes Strive the latest company to add the yield-generating security to its balance sheet as companies explore Bitcoin-linked treasury instruments.

STRC’s average daily volume implies buying power for about 1,940 BTC per day, more than four times the amount of new Bitcoin mined.

Strategy sold a record amount of STRC, estimated to fund 1,420 Bitcoin purchases in a single day after easing ATM sales restrictions.

The purchase brings Strategy’s total Bitcoin reserves to nearly 739,000 BTC despite the asset trading below the company’s average acquisition price.

Strategy’s Bitcoin treasury is worth about $48 billion, but the company’s mNAV has fallen below 1, meaning its shares trade at a discount to its BTC holdings.

Strategy may raise $300 million via STRC sales, potentially giving Michael Saylor enough proceeds to continue buying Bitcoin throughout 2026.

Strategy added 3,015 BTC at $67,700 each, raising total holdings to 720,737 BTC in a purchase below its average acquisition price.

The 25-basis-point increase is the latest monthly adjustment of STRC’s dividend and comes amid a sharp downturn in crypto markets and broader macroeconomic uncertainty.

The GIF ETF combines nine leveraged single-stock strategies into a fund designed to generate weekly income through covered call options.

21Shares debuts the Strategy Yield ETP on Euronext Amsterdam on Thursday, giving Europe regulated access to Strategy’s preferred stock, which is heavily backed by Bitcoin.

Strategy has become the most-shorted large-cap US stock as hedge funds ramp up bearish bets, according to data from Goldman Sachs.

The Strategy exec downplayed quantum risks on Natalie Brunell’s Coin Stories podcast, saying any credible threat would prompt coordinated software upgrades across global digital systems.

Strategy’s latest buy lifts its Bitcoin treasury to 717,722 BTC, deepening exposure below its average cost basis, funded through an at-the-market share sale.

Bitcoin-treasury firm Strategy has accumulated 717,131 Bitcoin since August 2020, and has made 99 Bitcoin purchases to date. 

The relief rallies in Bitcoin and several major altcoins are stalling near their respective overhead resistance levels, signaling that the bears remain in control.