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Strategy’s MSTR quietly outperforms Bitcoin’s $80,000 rally as STRC closes in on $100

Bitcoin's sharp two-week recovery, which briefly pushed its value above $80,000, has brought Michael Saylor's Strategy BTC treasury back into profit and lifted its common stock faster than the cryptocurrency. BTC's price rebound accelerated after the US Treasury moved to expand buybacks of longer-dated government debt, easing pressure on yields and weakening the dollar. Renewed […]

CryptoSlateCryptoSlateOluwapelumi Adejumo26 Aug

Michael Saylor Defines Bitcoin’s ‘Most Profound Breakthrough’

Michael Saylor says bitcoin’s defining advance is converting economic energy into digitally controlled value for people, companies, machines, and nations. His own company, Strategy Inc., sits on 840,447 BTC bought for $63.36 billion, and has been selling over the past few months. Saylor Defines Bitcoin’s Core Breakthrough Bitcoin can place economic value under digital control […]

Bitcoin.com NewsBitcoin.com NewsKevin Helms23 Aug

Wall Street piled $1.2 billion into MSTR in Q2 before Strategy turned its Bitcoin flywheel toward rescuing STRC

Wall Street institutions increased their exposure to Strategy's MSTR in the second quarter, just before Michael Saylor’s Bitcoin accumulation machine began redirecting capital toward STRC. On Aug. 18, Strategy said 12 of its 15 largest institutional shareholders increased their MSTR positions through June 30. The company said those additions lifted combined holdings by $1.2 billion. […]

CryptoSlateCryptoSlateOluwapelumi Adejumo19 Aug