π€ #BTC #MSTR Walter Bloomberg: Strategy is expected to report a multibillion-dollar fourth-quarter loss after BTC fell 24%, wiping out a $2.8 billion profit from the previous quarter. The company's corporate value is approaching parity with its BTC holdings, underscoring growing skepticism about the model's sustainability.
πΊπΈπ§ #MSTR According to Epstein-related documents released by the U.S. Department of Justice on January 31, an email from Peggy Siegal on May 8, 2010, revealed that Michael Saylor, founder of MicroStrategy, donated $25,000 to a charitable event. In return, he gained the opportunity to meet members of a high-end social circle. The email described him as having no personality, being difficult to engage with socially, and lacking an understanding of social norms. link
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π¦ #MSTR #BTC Strategy Shares Fall Below $100 for First Time Since March 2024
According to market data, Strategy (MSTR) fell below $100, trading at $99.50, down 4.18% intraday. This marks its first drop below $100 since March 2024. Strategy is currently the largest Bitcoin treasury company, holding 847,363 BTC, or about 4% of total supply, at an average cost of $75,651.
According to market data, Strategy (MSTR) fell below $100, trading at $99.50, down 4.18% intraday. This marks its first drop below $100 since March 2024. Strategy is currently the largest Bitcoin treasury company, holding 847,363 BTC, or about 4% of total supply, at an average cost of $75,651.
β οΈ #MSTR #BTC Strategy changed course just six days after our warning.
The company has now:
β’ Paused Bitcoin purchases
β’ Rebuilt its USD reserve from $1.44B to $3.0B
β’ Doubled dividend coverage from 14 to ~29 months
β’ Raised STRCβs dividend to 12%
β’ Sold $466.7M of MSTR and ~3,588 BTC
STRC has rebounded from ~$75 to ~$88, but two questions remain:
How will Strategy time future Bitcoin purchases, and when will it sell into the next bull market?
Our latest report.
The company has now:
β’ Paused Bitcoin purchases
β’ Rebuilt its USD reserve from $1.44B to $3.0B
β’ Doubled dividend coverage from 14 to ~29 months
β’ Raised STRCβs dividend to 12%
β’ Sold $466.7M of MSTR and ~3,588 BTC
STRC has rebounded from ~$75 to ~$88, but two questions remain:
How will Strategy time future Bitcoin purchases, and when will it sell into the next bull market?
Our latest report.
πΊπΈπ¦ #MSTR #BTC Strategy sold 5.43 million MSTR shares for $544.5 million in net proceeds between July 20 and July 26. The company repurchased 288,930 STRC preferred shares for $25 million and made no bitcoin purchases during the week, continuing to hold 843,775 BTC, acquired for $63.69 billion at an average price of $75,476. Its U.S. dollar reserve increased to $3.75 billion.