Strategy | Crypto

Strategy’s common stock rose 10% in Friday pre-market trading to $120, the highest level in two months.

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. […] The post Wall Street piled $1.2 billion into MSTR in Q2 before Strategy turned its Bitcoin flywheel toward rescuing STRC appeared first on CryptoSlate.

Common-equity proceeds funded preferred dividends, buybacks and reserves while Strategy made no Bitcoin transactions. The post Strategy raised $334 million from MSTR shareholders last week — Bitcoin got none of it appeared first on CryptoSlate.

Strategy is prioritizing STRC, cash reserves, and its credit business over stock buybacks, Executive Chairman Michael Saylor said Monday.

Proceeds funded STRC dividends and repurchases, while $149.1 million was added to Strategy’s US dollar reserve, which reached $4.8 billion. Strategy raised $333.7 million through common stock sales last week but made no Bitcoin purchases, leaving its holdings unchanged at 840,447 BTC. The company sold 3.46 million MSTR shares between Aug. 10 and Aug. 16 through its at-the-market offering program, according to a Monday 8-K filing with the US Securities and Exchange Commission. Of the proceeds, $52.4 million was used to fund the twice-monthly dividends on STRC preferred stock, while $132.2 million funded repurchases of the same security. Another $149.1 million was added to the company’s US dollar reserve. Read more

Strategy faces a renewed threat of removal from major MSCI equity indexes under a broader screening proposal that could trigger an estimated $2.8 billion in passive selling. MSCI opened a consultation this month on rules designed to identify “non-operating companies” through their financial statements. The firm noted that applying the proposed methodology to the MSCI […] The post Strategy tells MSCI ‘Bitcoin doesn’t need you’ as $2.8 billion index risk hangs over MSTR appeared first on CryptoSlate.

Solstice announced a tranched product built on Strategy's Bitcoin-related STRC preferred stock, and said its senior tranche would not begin absorbing losses until STRC trades below $47.66. STRC currently trades near $95.315, putting that threshold roughly half of today's market price and about 52% below the security's $100 par value. Solstice COO David Plisek described […] The post Strategy sold $100M to defend STRC’s $100 stock price as DeFi packages the risk into a 7% ‘safer’ trade appeared first on CryptoSlate.

The company now treats BTC as a managed reserve for dollar obligations, testing whether sales can remain voluntary. The post Strategy’s $4.6 billion cash buffer gives it almost 3 years before Bitcoin sales create real stress appeared first on CryptoSlate.

The company has bought roughly 25 times more BTC than it has sold this year, despite recent sales that challenged its long-standing accumulation strategy. Strategy CEO Phong Le said the company plans to resume accumulating Bitcoin later this year, even after shifting business priorities prompted it to sell portions of its holdings in moves that drew scrutiny from the market. In a Monday interview with FOX Business, Le said Strategy had purchased around 175,000 Bitcoin since the beginning of the year while selling roughly 7,000 BTC, making the company a significant net buyer. That’s “about 25 times more” buying than selling, Le said. He added that Strategy has gone from the world’s second-largest institutional Bitcoin holder to the largest. Read more

A 43-account launch roster says trusted access, sufficient compute and secure environments are becoming a defensive requirement. The post Coinbase, Strategy, and Blockstream back AI access push after vetted Bitcoin researcher gets blocked appeared first on CryptoSlate.

Strategy’s preferred stock STRC is steadily moving back toward its $100 target as the Bitcoin treasury company increases its purchases of the shares. Data from STRC.live showed that STRC traded around $95 on Monday, extending a recovery from its late-June low of about $74 as Strategy combined open-market repurchases with a 12% annualized dividend to […] The post Strategy has $785 million left to close STRC’s final $5 gap after selling $213 million in Bitcoin appeared first on CryptoSlate.

Strategy is holding billions in cash after learning that traditional investors don’t necessarily view its massive bitcoin reserves as a substitute for dollars.

Strategy sold 1,690 Bitcoin to repurchase STRC shares as its US dollar reserve rose to $4.65 billion and its Bitcoin holdings fell to 840,447 BTC. Strategy, which holds the largest corporate Bitcoin treasury, sold BTC for the second week in a row to repurchase its STRC preferred stock. The company sold 1,690 Bitcoin for $108.6 million between Aug. 3 and Aug. 9, according to a Monday 8-K filing with the US Securities and Exchange Commission (SEC). Strategy used the proceeds to buy back 1.15 million shares of its STRC preferred stock for $108.6 million. STRC is a variable-rate preferred stock designed to pay monthly dividends. Read more

Michael Saylor says Strategy used AI to design a new class of preferred stocks that ultimately allowed the company to raise roughly $15 billion for its Bitcoin strategy. The Strategy executive chairman said he turned to AI after the company’s existing financing channels, including common-stock sales and convertible bonds, were becoming harder to scale. “I […] The post Michael Saylor reveals how ChatGPT helped Strategy unlock $15 billion for its Bitcoin machine appeared first on CryptoSlate.

Bitcoin advanced as the market settled down following the weekend’s hack of Coldcard wallets and sales by Strategy even as sentiment remained in “extreme fear.”

The preferred shares have recovered nearly 24% from their June closing low as Strategy builds its cash reserve and repurchases STRC. Strategy’s variable-rate preferred stock, STRC, closed above $90 for the first time in seven weeks, extending its recovery from a June selloff that raised concerns about the Bitcoin treasury company’s financial resilience. STRC closed at $92.32 on Monday, up 3.2% from Friday’s $89.46 close, according to Yahoo Finance data. It was the first close above $90 since June 16. The stock has recovered nearly 24% from its June 26 closing low of $74.57. Read more

Strategy's latest Bitcoin sale lifted its 2026 disposals to 5,258 BTC, the largest amount it has sold in any year since adopting the asset in 2020, as the company redirects capital toward supporting its preferred securities. The company sold 1,638 BTC for $104.7 million between July 27 and Aug. 2 and issued about 3.01 million […] The post Strategy sells $395 million in Bitcoin and MSTR stock to buyback $81 million in STRC and build cash reserve to $4 billion appeared first on CryptoSlate.

Michael Saylor’s Strategy sold 1,638 Bitcoin in its second-largest sale of the year to fund dividend payments and repurchase its preferred STRC stock. Strategy sold 1,638 Bitcoin from July 27 through Sunday, marking its second-largest BTC sale of the year. Strategy sold 1,638 Bitcoin at an average price of $63,957 for a total of $104.7 million, according to a Monday 8-K filing with the Securities and Exchange Commission. Of the proceeds, $52.4 million was used to fund dividend payments on Strategy’s STRC preferred stock, while another $52.3 million was used to repurchase STRC. The company now holds 842,138 Bitcoin bought at an aggregate cost of $63.5 billion. Read more

Michael Saylor’s company, Strategy, is now closely monitoring bitcoin’s 200-week moving average, a key long-term support level that the cryptocurrency has historically respected.

Investors have previously benefited from a payout boost when the preferred STRC shares traded well below their $100 par value for a month. While Strategy’s preferred STRC shares ended July well below their $100 par value, investors were told that their August dividend will not increase, holding at 12%. Executive chairman Michael Saylor delivered the news in a tweet on Saturday, continuing to pitch STRC as a way to “stretch your income.” August will be the second month that the dividend will be paid semi-monthly after shareholders approved that change in June. STRC shares closed at $89.46 on Friday, clocking a 5.42% price increase for the month which began with a dividend hike — 50 basis points to 12% — after a poor stock performance in June. The volume on the Nasdaq-traded shares on Friday were about two-thirds of their daily average.  Read more