Gemini says Strategy (MSTR) is its only tokenized stock for now, with more tokenized stocks and ETFs launching in "the coming days." Crypto exchange Gemini has launched a tokenized version of Michael Saylor’s Strategy (MSTR) stock for users in the European Union, allowing them to invest in the Bitcoin-buying firm onchain. “Traditional financial rails are hard to access and in need of modernization,” Gemini said in a statement on Friday. “Tokenized stocks solve this problem by giving investors greater access with fewer restrictions,” it added. Read more
Michael Saylor’s Strategy bought another 245 Bitcoin last week after doubling down on his long-term BTC price prediction, forecasting BTC to hit $21 million in 21 years. Michael Saylor’s Strategy, the world’s largest public Bitcoin investor, disclosed its latest BTC purchases as the cryptocurrency slid in response to escalating geopolitical fears last week. Strategy acquired 245 Bitcoin (BTC) for $26 million during the week ending Sunday, the company announced in a US Securities and Exchange Commission filing on Monday. The cost of Strategy’s latest Bitcoin haul averaged $105,856 per coin, with Bitcoin plummeting from about $108,900 on June 16 to an intraweek low of just below $99,000, according to CoinGecko data. Read more
Adam Back says that since Strategy typically takes 16 to 18 months to double its Bitcoin per share, the premium on its stock is not "unreasonable.” Blockstream CEO Adam Back says Michael Saylor’s Strategy (MSTR) stock premium is within reason, considering how quickly the firm doubles its Bitcoin per share, which reduces risk for investors. “It turns out in the case of MicroStrategy it’s been 16 months, 18 months,” he told Bitcoin podcaster Stephan Livera at BTC Prague on Saturday, referring to the typical time it takes for Strategy to double its Bitcoin (BTC) per share, noting that the stock has traded at a 2x multiple “on and off.” “So you can see that that’s not an unreasonable premium,” he said. Back explained that if Strategy’s Bitcoin per share keeps growing at the same rate, after about a year and a half, investors “would be at an equivalent” of the market net asset value (mNAV) — meaning the stock price would align with the value of its underlying Bitcoin holdings. Read more
Michael Saylor has doubled down on his Bitcoin price prediction, citing massive geopolitical and regulatory changes. Bitcoin bull and Strategy founder Michael Saylor has doubled down on the long-term value of BTC amid fast-changing geopolitical and cryptocurrency adoption trends. Saylor took the stage with a keynote speech at the BTC Prague 2025 event on Saturday, predicting that the price of Bitcoin (BTC) would hit $21 million in 21 years. “I think we’re going to be $21 million in 21 years. It's a very special time in the network. Maybe the one time in the history of the network where you look out 21 years and you see $21 million,” Saylor stated. Read more
Michael Saylor turned a software company into a Bitcoin powerhouse by converting corporate reserves into digital gold. Saylor’s thinking was driven by a deep concern about the future of fiat currency. When Michael Saylor, then CEO of Strategy, announced in August 2020 that his business intelligence firm was adopting Bitcoin (BTC) as its primary treasury reserve asset, many saw it as a radical (even reckless) decision. Read more
Strategy’s latest Bitcoin purchases were made following Strategy’s STRD, its third Bitcoin-backed preferred stock, launching on the Nasdaq on Wednesday. Michael Saylor’s Strategy, the world’s largest corporate holder of Bitcoin, disclosed its latest BTC purchases made last week amid escalating geopolitical tensions in the Middle East. Strategy acquired 10,100 Bitcoin (BTC) for $1 billion during the week ending Sunday, the company officially announced on Monday. The purchases were made at an average price of $104,080 per coin, with Bitcoin dropping from $110,000 on June 9 to an intraweek low of $103,639 on Thursday, following the news that Israel had struck Iranian nuclear facilities. Read more
Strategy Inc vs. IBIT: Best Bitcoin Proxy Stock in 2025? When investors want exposure to Bitcoin without actually holding it, they often turn to what’s known as a Bitcoin proxy stock. These are equities or funds that mirror Bitcoin’s price movements, offering a way into the crypto market through traditional finance. Two of the most prominent examples today are Strategy Inc (formerly MicroStrategy) and BlackRock’s iShares Bitcoin Trust (IBIT). Read more
Strategy has acquired 1,045 Bitcoin for $110.2 million as part of its ongoing accumulation strategy, bringing total holdings to 582,000 BTC. Strategy has acquired $110.2 million worth of Bitcoin as the price trades near its all-time high level. According to a Monday US Securities and Exchange (SEC) filing, Strategy acquired 1,045 Bitcoin (BTC) at an average price of $105,426 per coin. The company now holds 582,000 BTC acquired for about $40.8 billion at an average price of around $70,086 per BTC. The announcement follows Strategy co-founder and executive chairman Michael Saylor hinting at the purchase on June 8. The buy marks the ninth consecutive week that Strategy has acquired Bitcoin. Read more
Michael Saylor’s Strategy has quadrupled its previously announced $250 million stock offering as a new funding avenue for its Bitcoin investments. Strategy, the world’s largest corporate Bitcoin holder, plans to raise nearly $1 billion through a stock offering to fund additional Bitcoin purchases. The company, led by executive chairman Michael Saylor, plans to issue 11,764,700 shares of 10.00% Series A Perpetual Stride Preferred Stock at a public offering price of $85 per share. Strategy estimates raising about $979.7 million from the net proceeds after deducting the underwriting discounts and commissions for the firm’s offering expenses, according to a June 6 announcement. Read more
Japan’s Metaplanet plans to hold 100,000 BTC by 2026, revising its target from 21,000 and issuing shares to accelerate its Bitcoin treasury strategy. Metaplanet, also known as Japan’s Strategy, has updated its Bitcoin acquisition plans to acquiring 100,000 BTC by the end of 2026. Metaplanet on June 6 posted its new Bitcoin (BTC) plan, increasing its previous target of 21,000 BTC. “Our previous target — to hold 21,000 BTC by the end of 2026 — has now been dramatically revised upward. We now aim to hold 100,000 BTC by that time,” Metaplanet CEO Simon Gerovich said in an announcement posted on X. Read more
Michael Saylor’s Strategy continued stacking Bitcoin in the last week of May, buying $75.1 million worth of BTC. Michael Saylor’s Strategy, the world’s largest corporate holder of Bitcoin, revealed its latest BTC purchases after the price briefly dropped to $103,000 last week. Strategy acquired 705 Bitcoin for $75.1 million between May 26 and 30, the company announced on June 2. The latest purchases were made at an average price of $106,495 per coin, with Bitcoin dropping from $110,000 last Monday to an intraweek low of $103,400 by the weekend. Read more
According to data from SaylorTracker, Strategy's BTC investment is up over 50%, representing unrealized capital gains of over $20 billion. Strategy co-founder Michael Saylor posted the Bitcoin (BTC) chart signaling an impending BTC acquisition by the company, marking week eight of consecutive purchases by the company during this latest buying stint. "Orange is my preferred color," Saylor wrote to his 4.4 million followers on X — a number that has been steadily growing over the past two years as the Strategy co-founder commands increased media attention due to the company's corporate treasury plan. The company's most recent Bitcoin acquisition on May 26 of 4,020 BTC, valued at roughly $427 million at the time of purchase, brought Strategy's total holdings to 580,250 BTC. Read more
Michael Saylor’s Strategy continued stacking Bitcoin as the cryptocurrency broke an all-time high above $110,000 last week. Michael Saylor’s Strategy, the world’s largest corporate Bitcoin investor, bagged a fresh stash of BTC as the price briefly surged above $110,000 last week. Strategy acquired 4,020 Bitcoin (BTC) for $427.1 million between May 19 and 23, the company announced on May 26. The latest purchases were made at an average price of $106,237 per coin, with Bitcoin smashing past $110,000 on May 22. Read more
According to SaylorTracker, Strategy is up over 54% on its Bitcoin investment, representing over $21.8 billion in unrealized capital gains. Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase by the company amid the recent dip from the all-time high of $112,000 reached on May 22. "I only buy Bitcoin with money I can't afford to lose," Saylor wrote to his 4.3 million followers in an X post. The company's most recent purchase of 7,390 BTC on May 19, valued at nearly $765 million, brought Strategy's total holdings to 576,230 BTC. Read more