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Michael Saylor’s Strategy Boosts US Dollar Reserves, Unveils ‘Bitcoin Monetization Program’

Michael Saylor’s Strategy has increased its USD Reserve to $2.55 billion and unveiled a new Bitcoin (BTC) Monetization Program as part of a broader capital framework. The Nasdaq-listed Bitcoin treasury company says the $2.55 billion reserve, which includes expected proceeds from its at-the-market share program, covers approximately 17.4 months of its roughly $1.76 billion in annual […]

The Daily HodlThe Daily HodlDaily Hodl Staff30 Jun

MSTR jumps after Strategy says it may sell more Bitcoin to fund dividends and buybacks

Strategy (formerly MicroStrategy) shares rose Monday after the Bitcoin holder moved to reassure investors that it can meet its preferred stock obligations, authorizing up to $2 billion in buybacks and opening the door to Bitcoin sales that could fund dividends, interest payments, and repurchases. The company, led by Executive Chairman Michael Saylor, announced a new […]

CryptoSlateCryptoSlateOluwapelumi Adejumo29 Jun

Strategy Plays Defense, Tech Firms Push for CLARITY, And More — Weekly Recap

Michael Saylor looked back on Strategy’s 2022 bitcoin crisis as proof the company could survive extreme stress, while more than 1,200 tech firms pushed the Senate to pass the CLARITY Act. XRP then showed signs of changing exchange behavior as withdrawals outpaced deposits, Satoshi’s famous lost-coin quote resurfaced amid renewed scarcity debate, and Elon Musk’s […]

Bitcoin.com NewsBitcoin.com NewsAlex Richardson29 Jun