Strategy | Crypto

Throughout 2026, MSTR stock and Strategy’s preferred securities are trading as more than a simple Bitcoin proxy. Bitcoin is down about 12.5% year to date, while Strategy stock, trading as MSTR, is up about 6.8% Strategy's preferred securities have also held up better than BTC in price. STRC is nearly flat, while STRD, STRF, and STRK […] The post MSTR stock is beating Bitcoin, but another Strategy asset matters more now appeared first on CryptoSlate.

Michael Saylor’s Strategy bought 24,869 Bitcoin for $2.01 billion last week, lifting holdings to 843,738 BTC as STRC sales funded around 97% of the acquisition. Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, made another massive BTC acquisition last week as the crypto asset hovered around $80,000. Strategy acquired 24,869 Bitcoin (BTC) for $2.01 billion between May 11 and 17, according Monday's 8-K filing with the US Securities and Exchange Commission. Read more

The notes carry a 0% coupon, but can be converted into equity in the company if holders choose to redeem their notes for shares. Bitcoin treasury company Strategy announced on Friday that it will repurchase $1.5 billion in 0% convertible notes, due in 2029, retiring about half of the 2029 convertible note tranche’s total outstanding debt. Strategy entered into “privately negotiated transactions” with a portion of its 0% senior convertible note holders on Thursday, agreeing to repurchase the debt for an estimated $1.38 billion, according to the company’s Securities and Exchange Commission (SEC) filing. The transaction is set to settle on Tuesday of the week following the publication of this article, the company said, adding that the final repurchase amount could “vary” from the estimated amount based on market conditions. The company added: Read more

Strategy agreed on May 15 to repurchase roughly $1.5 billion principal of its 2029 convertible notes for an estimated $1.38 billion in cash. The firm told investors in its Form 8-K that it may fund the repurchase with available cash reserves, ATM sale proceeds, and/or Bitcoin sale proceeds. Strategy expects to cancel the repurchased notes, […] The post Strategy has put Bitcoin sales on the table for repurchases – but will it affect BTC price? appeared first on CryptoSlate.

Strategy has leaned on Stretch to fund Bitcoin buys over the past 12 months as funding through senior convertible notes and at-the-market equity offerings has tightened. Strategy’s perpetual preferred stock, STRC, the company’s primary vehicle for funding its Bitcoin purchases in 2026, hit a new daily trading volume record of $1.5 billion on Thursday. “All-time high volume. $1.53B of liquidity,” chairman Michael Saylor said, referring to Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock.  Stretch offers investors an 11.5% dividend without requiring the company to dilute common shares.  Read more

Strategy is approaching the $28 billion issuance limit on its STRC stock, but Delphi researchers pointed to other capital-raising mechanisms that may fuel its BTC accumulation. Strategy’s preferred stock funding engine could hit a key constraint within the next year, potentially slowing the company’s Bitcoin purchases unless it expands issuance capacity or leans more heavily on common-stock sales, according to Delphi Digital. Delphi said Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, known as STRC, has become one of the company’s main Bitcoin-buying tools but has an authorized issuance cap of about $28.3 billion. If the cap is reached without an extension, Strategy’s Bitcoin accumulation could “slow or stop while the dividend obligation remains,” the report said. Read more

Bitcoin has been seeing recurring mid-month strength this year, and it is becoming harder to separate it from Strategy’s (formerly MicroStrategy) expanding preferred-stock machine. The funding channel is helping the company continue to buy the flagship digital asset while adding a growing layer of cost to its balance sheet. Research firm K33 has tied the […] The post Bitcoin keeps rallying mid-month – Is Saylor using Strategy’s STRC funding loop to pump BTC? appeared first on CryptoSlate.

A May 7 JPMorgan client note estimated that Strategy could buy roughly $30 billion in Bitcoin in 2026 if Michael Saylor's company maintains its current purchasing pace. That figure positions Strategy alongside spot ETF flows and miner supply as a structural force in Bitcoin's demand architecture. Strategy holds 818,869 BTC acquired for $61.86 billion at […] The post JPMorgan’s $30 billion Strategy call exposes Bitcoin’s new market fault line appeared first on CryptoSlate.

Strategy’s potential 3,127 BTC buy this week, alongside falling stablecoin dominance, suggests more capital may enter the Bitcoin market. Bitcoin (BTC) may reach $100,000 by June as Strategy’s renewed buying power and falling stablecoin dominance suggest liquidity is returning to crypto. Key takeaways: Strategy’s preferred stock, Stretch (STRC), has reclaimed its critical $100 par value, restoring one of the company’s funding mechanisms for Bitcoin purchases, data from STRC.LIVE shows. Read more

Strategy added $43 million in Bitcoin last week after Michael Saylor drew mixed investor reactions for signaling potential BTC sales to fund dividend payments. Strategy bought 535 Bitcoin for $43 million last week, resuming its accumulation strategy days after its chairman, Michael Saylor, said the company may sell some of its holdings to fund dividend payments. The world’s largest corporate Bitcoin holder acquired the Bitcoin (BTC) between May 4 and May 10 at an average price of $80,340 per BTC, according to a Monday filing with the US Securities and Exchange Commission. The purchase lifted Strategy’s total holdings to 818,869 BTC, acquired for about $61.86 billion at an average price of $75,540 per coin, including fees and expenses. Read more

Strategy CEO outlined conditions in a under which the company would sell Bitcoin, Trump Media posts $406M quarterly loss: Hodler’s Digest

The Bitcoin advocate spoke up after Michael Saylor signaled that the company might sell some BTC, a major departure from the Strategy founder's previous rhetoric. Michael Saylor's comment this week that Strategy might sell portions of its Bitcoin holdings, is a decision that gives the BTC treasury company Strategy, optionality, according to BTC advocate Samson Mow. “Never selling limits optionality. Public markets are war. In war, you need all available tools at your disposal,” Mow said after company co-founder Saylor's comment during Strategy’s first-quarter earnings call on Tuesday. That the company might sell some BTC in the future, Mow added: Strategy is the largest publicly traded Bitcoin treasury company, according to BitcoinTreasuries, and holds 818,334 BTC at the time of this writing, and any potential sales could weigh on spot BTC market prices, according to some crypto market analysts. Read more

Strategy reported a massive first-quarter loss after Bitcoin’s early-year drawdown overwhelmed its software revenue, even as Michael Saylor pointed to internal Bitcoin metrics showing continued gains in shareholder exposure. The company, formerly known as MicroStrategy, reported a net loss attributable to common stockholders of $12.77 billion, or $38.25 per diluted share, for the first quarter. […] The post Strategy to “sell some Bitcoin” after posting $12.7 billion Q1 loss as Saylor points to $5 billion Bitcoin gain appeared first on CryptoSlate.

Michael Saylor proposes using bitcoin sales to support dividends, as Strategy reported a $12.54 billion Q1 loss.

Michael Saylor says the company will resume purchases next week, but the pause lands as analysts focus on losses and the growing complexity of Strategy’s preferred-stock funding machine.

Michael Saylor signaled a “pause” on BTC buying ahead of Tuesday’s earnings report, with Wall Street expecting a loss for Q1. Strategy, the world’s biggest public Bitcoin holder, is taking a break from crypto purchases as the company readies its first quarter earnings report, slated for Tuesday. On Sunday, Executive Chairman Michael Saylor announced “No buys this week” in a post on X, where he has regularly provided a signal of planned purchases. In its most recent purchase, the Tysons Corner, Virginia-based company acquired 3,273 Bitcoin for $255 million between April 20 and 26, according to an 8-K filing with the US Securities and Exchange Commission on April 27. Read more

Michael Saylor’s Strategy bought 3,273 Bitcoin for $255 million between April 20 and 26, bringing total holdings to 818,334 BTC. Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, added more Bitcoin last week as BTC traded above $77,000. Strategy acquired 3,273 Bitcoin for $255 million between April 20 and 26, according to an 8-K filing with the US Securities and Exchange Commission on Monday. The purchases were made at an average price of $77,906 per coin, raising Strategy’s cost basis to $75,537. Read more

Strategy, the largest corporate holder of bitcoin in the world, now holds 818,334 BTC, which it said it purchased for nearly $62 billion at an average price of roughly $75,537 per token.

Historically, MSTR’s outperformance signals traders are taking more risk, betting Bitcoin’s worst drawdown phase may be over. Strategy’s MSTR stock has jumped roughly 25% over the past month, outperforming Bitcoin’s circa 9% gain and reviving a historical signal that has often appeared near BTC cycle bottoms. Key takeaways: Historically, a sustained MSTR outperformance versus Bitcoin has preceded the latter’s bear market bottom. Read more

Strategy bought 34,164 Bitcoin for $2.54 billion last week, marking its third-largest BTC purchase on record. Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, has blasted past 800,000 BTC in total holdings after announcing its latest purchases. Strategy acquired 34,164 Bitcoin (BTC) for $2.54 billion between April 13 and 19, according to an 8-K filing with the US Securities and Exchange Commission on Monday. The buy ranks as Strategy’s third-largest Bitcoin acquisition on record by coin count, behind purchases of 55,500 BTC and 51,780 BTC in November 2024. Read more