Strategy | Crypto

The latest crash came after US President Donald Trump nominated Kevin Warsh to replace Federal Reserve chair Jerome Powell, sending Bitcoin down to $75,892 late on Sunday. Strategy founder Michael Saylor has hinted his firm added to its Bitcoin holdings after the cryptocurrency slid more than 13% over the weekend, briefly pushing the company’s large BTC position into the red.  “More Orange,” the Strategy executive chairman posted to X on Sunday alongside a chart showing his firm’s $55 billion worth of Bitcoin purchases since August 2020. Saylor often posts the chart as a signal that his company has bought or plans to buy Bitcoin. It would mark Strategy’s fifth Bitcoin (BTC) purchase this year, with its largest coming on Jan. 20, when it bought 22,305 Bitcoin. Strategy is by far the largest Bitcoin treasury company, with over 712,647 Bitcoin under management Read more

Bitcoin saw a sudden weekend liquidity cascade that took BTC price to near $75,000 for the first time since its April 2025 low. Bitcoin (BTC) fell over 7% during weekend trading as a fresh price collapse liquidated $800 million. Key points: Bitcoin drops to near its 2025 low as mass liquidations accelerate. Read more

Leading crypto treasury firms BitMine and Strategy both saw their stocks plunge nearly 10% amid broader market uncertainty, as a possible U.S. government shutdown looms.

Strategy acquired $264 million of Bitcoin last week during a market pullback, boosting its holdings to more than 712,000 BTC, according to a Monday SEC filing. Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, disclosed fresh BTC purchases as prices slid during a broader market sell-off. Strategy acquired 2,932 Bitcoin (BTC) for $264.1 million last week, according to a US Securities and Exchange Commission filing on Monday. The acquisitions were made at an average price of $90,061 per BTC, with Bitcoin starting the week above $93,000 and briefly tumbling below $87,000, according to CoinGecko. Read more

Strategy (formerly MicroStrategy) acquired an additional 22,305 Bitcoin for approximately $2.13 billion between Jan. 12 and Jan. 19, continuing an aggressive accumulation campaign that has absorbed 3.38% of the top crypto's total supply. That works out to 3.55% of the circulating supply of 19.97 million coins. The purchases were executed at an average price of […] The post Strategy just crossed 700k BTC but its “circular” Bitcoin funding loop risks a massive high-yield credit disaster appeared first on CryptoSlate.

Vanguard increased its position in Metaplanet from 14.12 million shares at the end of November to 15.64 million shares by Dec. 31, an 11% jump that sent speculation rippling through Bitcoin (BTC) treasury circles. The move arrived at a moment when digital asset treasury companies had spent months nursing underwater positions and watching their market […] The post Why Metaplanet is the only Bitcoin treasury surviving a brutal market shift that left Strategy investors totally exposed appeared first on CryptoSlate.

Strategy acquired 22,305 BTC last week at about $95,284 per coin, lifting its holdings to 709,715 BTC. Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, blasted past 700,000 BTC in holdings with its latest large-scale purchase. Strategy bought 22,305 Bitcoin (BTC) for $2.13 billion last week, according to a US Securities and Exchange Commission filing on Monday. The purchases were made at an average price of $95,284 per BTC, with Bitcoin briefly rising past $97,000 on Wednesday, according to CoinGecko data. Read more

Strategy has bought nearly 15,000 BTC so far this year, pushing its stash to about 687,000 BTC as Saylor signals more purchases may be coming.

Crypto startup Saturn is raising funding for an on-chain dollar product, USDat, that routes yield from Strategy’s Bitcoin-linked credit instruments into DeFi. The round included $500,000 from YZi Labs and a $300,000 angel raise led by Sora Ventures, as Saturn positions USDat as a dollar-denominated token whose returns are tied to Strategy’s STRC preferred equity. […] The post Get access to Strategy’s 11% Bitcoin dividends without owning the stock through this new token appeared first on CryptoSlate.

Strategy remains an effective proxy for bitcoin exposure, particularly for investors with a long-term view, analyst Lance Vitanza said.

Strategy added 13,627 Bitcoin in a $1.25 billion purchase last week, extending its lead as the world’s largest corporate BTC holder despite recent paper losses. Corporate Bitcoin investor Strategy added another 13,627 Bitcoin to its balance sheet last week, spending $1.25 billion as it continues accumulating Bitcoin early in the year. The purchase marks the company’s biggest BTC buy since July. In a Form 9-K filing with the United States Securities and Exchange Commission, the company disclosed on Monday that its Bitcoin (BTC) stash has reached a total of 687,410 BTC, acquired at an aggregate cost of about $51.8 billion.  The latest batch of BTC was bought at an average price of $91,519 per coin, well above Strategy’s total average cost basis of $75,353. Read more

Strategy purchased 13,267 BTC for $1.25 billion via the use of common stock and it's perpetual preferred equity STRC.

The threat of a massive forced sell-off in crypto-linked equities has been averted. However, that reprieve comes with a structural catch that fundamentally alters the economics of the “Bitcoin Treasury” trade. On Jan. 6, the dominant benchmark provider for global equity and ETF markets, MSCI Inc., announced it will retain “Digital Asset Treasury Companies” (DATCOs) […] The post Strategy saved from Index expulsion, yet a hidden clause effectively kills the infinite money loop for investors appeared first on CryptoSlate.

MSCI won’t drop firms like Strategy from indexes yet, but a broader rule change may still be on the table

MSCI announced it will keep digital asset treasury companies in its global indexes, citing investor feedback and the need for further study on non-operating firms. Shares in Michael Saylor’s Strategy rose 5% after Morgan Stanley Capital International (MSCI) decided not to exclude digital asset treasury companies from its market index, for now. In a note published Tuesday, MSCI said digital asset treasury companies (DATCOs) would, however, be subject to broader consultations to distinguish between investment companies and other companies that hold digital assets as part of their core operations. The MSCI identifies DATCOs as companies in which digital assets make up 50% or more of their total assets. The continued inclusion ensures that DATs are still eligible for passive index funds, sustaining demand and liquidity while broadening institutional ownership of digital assets. Exclusion could have seen Strategy and other DATs lose billions of dollars in passive capital inflow. Related: Bitcoin advocate Machado i...

The new governance token targets a roughly 7% annual yield funded by income from Strategy’s bitcoin-linked preferred stock.

Strategy bought 1,283 BTC for $116 million, lifting holdings above 673,000 BTC, while reporting a $17.4 billion unrealized Q4 loss in an SEC filing Monday. Strategy, the world’s largest corporate holder of bitcoin, began the new year with its first purchase of 2026 while reporting a steep fourth-quarter paper loss as Bitcoin prices slid late last year. Strategy acquired 1,283 Bitcoin (BTC) for $116 million, boosting its holdings to 673,783 worth $62.6 billion purchased at an average cost basis of $75,026 per BTC, according to a Monday filing with the US Securities and Exchange Commission. The coins were acquired at an average purchasing price of about $90,000 each using proceeds from the sale of shares of MSTR Stock under the company’s at-the-market (ATM) offering. Read more

Crypto analyst Chris Millas has highlighted an unusually persistent slump in Strategy shares, breaking with past drawdown patterns even as the firm continued accumulating bitcoin.

The Bitcoin price slump at the end of the year hasn’t discouraged Michael Saylor’s Strategy from buying over 22,000 BTC in December alone. Bitcoin’s price continued to fall as 2025 neared its end, declining 4% in December. Despite a slump in markets, Strategy capped off the year with massive Bitcoin buys. In December alone, the software company turned Bitcoin investment vehicle picked up over 22,000 Bitcoin (BTC). In the US, prediction markets are inking deals with major media outlets and scoring approvals from major federal agencies. However, in 11 states, gambling and gaming regulators are taking legal action against platforms like Kalshi and Polymarket. Watchdogs state that such markets constitute a form of gambling, a claim the companies themselves dispute. Read more

As Strategy doubles down on its Bitcoin-first treasury approach, analysts warn that debt, dilution and market volatility could test the model’s resilience heading into 2026. In early 2025, Michael Saylor’s technology company MicroStrategy officially rebranded to Strategy and adopted a Bitcoin-themed visual marketing program to reflect its core focus as the world’s largest corporate BTC holder. As of Dec. 30, Strategy has accumulated 672,497 Bitcoin (BTC), valued at nearly $59 billion and acquired at an average price of $74,997 per coin. With Bitcoin trading near $88,000, the company is sitting on an unrealized gain of roughly 17%. However, despite the paper profits, pressure has been building. Strategy must continue servicing dividends and financing costs tied to the preferred shares and debt used to fund its Bitcoin purchases, creating fixed cash obligations regardless of Bitcoin’s price moves. Read more