Tag Archives: Strategy

Strategy Boosts Cash Reserve As Bitcoin Treasury Model Gets More Complex

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Strategy has added $650 million to its USD reserve and repurchased $109 million of STRC preferred stock, showing again that the company’s Bitcoin strategy is no longer just a simple accumulation story. The company, formerly MicroStrategy, filed an update showing the reserve increase was funded through MSTR common stock ATM sales. It also sold 1,690… Continue reading Strategy Boosts Cash Reserve As Bitcoin Treasury Model Gets More Complex→

Strategy Pauses Bitcoin Buying As Cash Reserve Hits $3.225B

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Strategy Pauses Bitcoin Buying As Cash Reserve Hits $3.225B Strategy has paused its weekly Bitcoin buying while building a $3.225 billion cash reserve, giving the market a clearer look at how the company is balancing its aggressive BTC treasury strategy with debt and preferred dividend obligations. The company’s latest Form 8-K shows that Strategy held… Continue reading Strategy Pauses Bitcoin Buying As Cash Reserve Hits $3.225B→

Strategy Still Dominates Corporate Bitcoin, But Treasury Premiums Are Under Pressure

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Strategy still sits at the centre of the corporate Bitcoin map. BitcoinTreasuries data shows the company holding 847,363 BTC, keeping it far ahead of other public corporate holders and leaving it as the name every treasury company is measured against. But the market’s focus has changed. Investors are no longer just asking how much Bitcoin… Continue reading Strategy Still Dominates Corporate Bitcoin, But Treasury Premiums Are Under Pressure→

Brad Garlinghouse Takes Aim At Strategy’s Debt-Fueled Bitcoin Play

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TL;DR Ripple CEO Brad Garlinghouse argued that Strategy’s model of leveraging preferred stock and debt to buy Bitcoin is speculative and has amplified downward volatility, pointing to Strategy's preferred shares (STRC) trading at a 25% discount to its par value. The key caveat: Make sure to clarify that Garlinghouse is still bullish on Bitcoin itself;… Continue reading Brad Garlinghouse Takes Aim At Strategy’s Debt-Fueled Bitcoin Play→

MicroStrategy’s New Bitcoin Sale Authorization Puts Altcoin Traders On Edge

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TL;DR MicroStrategy officially filed an SEC 8-K on June 29, 2026, adopting a board-approved "Digital Credit Capital Framework" (Bitcoin monetization program) authorizing it to sell up to $1.25B in BTC to support its preferred stock reserves (STRC) and pay dividends, keeping a minimum cash reserve of $2.55B. The key caveat: Do not say MicroStrategy has… Continue reading MicroStrategy’s New Bitcoin Sale Authorization Puts Altcoin Traders On Edge→

Strategy Could Sell Up To $1.25 Billion In Bitcoin Under New Capital Framework

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For more details, visit the official Decrypt platform. TL;DR Strategy has approved a new Digital Credit Capital Framework for active capital management. Under the framework, the company could sell up to $1.25 billion worth of Bitcoin. The move does not mean Strategy is abandoning Bitcoin, but it does show a more flexible treasury model. Strategy… Continue reading Strategy Could Sell Up To $1.25 Billion In Bitcoin Under New Capital Framework→

Grayscale Analyst Outlines Strategy Balance Sheet Pressure Around Bitcoin Holdings

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TL;DR Grayscale’s Head of Research Zach Pandl discussed Strategy’s Bitcoin-heavy capital structure in the context of market confidence. The analyst view suggested that selling a portion of Bitcoin holdings could be one way to address corporate balance sheet pressure. Risk note: Do not imply Strategy has announced a sale, is forced to sell, or is… Continue reading Grayscale Analyst Outlines Strategy Balance Sheet Pressure Around Bitcoin Holdings→

Ripple CEO Brad Garlinghouse Slams Michael Saylor’s Bitcoin Buying Model as “Financial Engineering”

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TL;DR Ripple CEO Brad Garlinghouse criticized Michael Saylor’s Bitcoin accumulation model, according to reports from a CNBC interview. The criticism focused on preferred stock financing and the reported discount in STRC preferred shares. The article frames the debate as leverage-led accumulation versus utility-led crypto adoption. Corporate Leverage Versus Crypto Utility: Why This Story Matters Ripple… Continue reading Ripple CEO Brad Garlinghouse Slams Michael Saylor’s Bitcoin Buying Model as “Financial Engineering”→

Strategy Adds $300 Million To USD Reserve As Saylor Reports 520 BTC Buy

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Strategy has added more Bitcoin to its treasury, but the bigger signal in Michael Saylor’s latest update may be the company’s decision to keep building a larger dollar reserve alongside its BTC position. Strategy has increased its USD Reserve by $300 million to $1.4 billion and plans to continue replenishing it to support the credit… Continue reading Strategy Adds $300 Million To USD Reserve As Saylor Reports 520 BTC Buy→

Saylor Says Strategy Added More Than 716,000 BTC Since 2022 Balance Sheet Stress

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Michael Saylor has returned to one of the most dramatic periods in Strategy’s Bitcoin bet, contrasting the company’s 2022 balance sheet stress with what he says is now a much stronger reserve position. When I gave this speech in October 2022, Bitcoin traded near $20,000, Strategy held 130,000 BTC worth about $2.6 billion, and $MSTR… Continue reading Saylor Says Strategy Added More Than 716,000 BTC Since 2022 Balance Sheet Stress→