JPMorgan Chase: Strategy's Bitcoin Selling Strategy May Exacerbate Market Volatility Risk
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Strategy skips Bitcoin buy to repurchase $176M of STRC preferred shares
Strategy repurchased $176 million worth of its STRC preferred stock and doubled the size of its digital securities repurchase program to $2 billion, while pausing on new Bitcoin buys.
Strategy buys 950 Bitcoin for $76M, repurchases $174M in STRC
Strategy bought 950 Bitcoin for $75.7 million after a two-week pause and spent another $174 million repurchasing its STRC preferred stock.
Strategy Sets New BTC Holdings Record After $143M Bitcoin Purchase
Michael Saylor's Bitcoin treasury firm bought 1,665 BTC last week, taking its holdings above its previous record to 847,666 BTC.
Strategy buys 1,665 Bitcoin for $143M as BTC stack hits 847,666
Strategy sold 1.47 million MSTR shares for $246.2 million, using the proceeds for Bitcoin purchases and STRC preferred stock repurchases.
Sequans exits Bitcoin treasury strategy after selling remaining 314 BTC
The France-based semiconductor company has fully unwound a Bitcoin treasury that once held more than 3,200 BTC as more firms scale back crypto holdings.
Strategy's Bitcoin Pile Nears June Record After $76M Purchase
The Bitcoin treasury firm’s holdings bottomed at 840,447 BTC in August. They have since climbed 5,553 BTC, to within 0.2% of the high.