Bitcoin
Strategy Buys Back $1.5B in Convertible Notes at Discount Amid Bitcoin Drop
Strategy (NASDAQ: MSTR), the largest corporate holder of bitcoin, announced plans to repurchase approximately $1.5 billion of its outstanding 0% Convertible Senior Notes due 2029 through privately negotiated deals with select investors. The move was disclosed in a regulatory filing released Friday and highlights the companys ongoing efforts to manage its debt structure while navigating volatile cryptocurrency markets.
Here's An Estimate Of How Much Strategy Would Make On Its Bitcoin Holdings If Price Rises 30% Each Year
Strategy, the world's first and largest Bitcoin Treasury led by its founder Michael Saylor, recently resumed its weekly BTC buying spree after pausing purchases ahead of its earnings call on May 5. With the company now in buying mode, Saylor predicts Bitcoin's price will rise 30% annually over the next 20 years.
Bitcoin Large Holders Move Over $700 Million in BTC to Coinbase
While Bitcoin has pulled a strong price move following its latest rally, it appears that whales are repositioning their funds ahead of what may be coming.
Bitcoin is caught between a $177 billion risk-on boom and the return of Fed rate-hike fears
Investors are piling into leveraged ETFs at a record pace, turning the Bitcoin risk-on boom into a test of whether speculative demand can survive hotter inflation and fading expectations of Fed rate cuts.
Strategy May Sell Bitcoin: What's the Reason?
Strategy may sell part of its Bitcoin reserves. The crypto market is closely watching why the company is doing this and what the move could mean going forward.
Bitcoin Price Drops Below $80,000 as $700 Billion Wiped from US Stocks
Bitcoin plunges under $80,000 as US stock markets lose $700 billion at the open. Gold and silver see $1.5 trillion wiped in a massive global asset liquidation.
Bitcoin Giant Strategy Moves to Retire $1.5 Billion in Convertible Debt, Says It Could Sell BTC
Strategy is taking steps to pare down convertible debt with an agreement to repurchase $1.5 billion in notes—and again teased Bitcoin sales.
Bitcoin Brushes $83K As Senate Panel Advances Landmark Clarity Act
Bitcoin surged to $83K after the U.S. Senate Banking Committee advanced the long-debated Clarity Act in a 15–9 vote.
Strategy's $1.5B debt buyback signals pressure on Bitcoin treasury model
Strategy's $1.5 billion debt repurchase filing is raising questions about the changing economics behind corporate Bitcoin treasury strategies.
STRC Record Volume Fuels Strategy's Bitcoin Buy
STRC logged a record $1.5 billion in trading volume ahead of its ex-dividend date, helping finance Strategy's purchase of 11,707 bitcoin. The session highlighted how preferred-share demand can feed Strategy's balance-sheet bitcoin accumulation model without relying only on MSTR common stock during future cycles.
Saylor 'Selling' Bitcoin Is A Ruse, Analysts Argue—Better Watch His 'Flywheel' Pumping BTC
Strategy Inc (NASDAQ:MSTR) Executive Chairman Michael Saylor is working on a “flywheel” to propel Bitcoin (CRYPTO: BTC) to his $1 million price target, according to prominent industry experts. Why Traders Think The “Flywheel” Is Strengthening Prominent Bitcoin advocate Scott Melker argued on the Lark Davis show on May 15 that investors are increasingly front-running expected Bitcoin purchases tied to Strategy's capital raises and preferred-share programs.
Bitcoin exchange supply falls to an 8-year low
The supply of Bitcoin (BTC) on all cryptocurrency exchanges has declined to an 8-year low, amid notable demand from conviction investors.
