Strategy spent $208.2 million buying back STRC preferred shares and $65.5 million on Bitcoin, while allocating $98.5 million to its USD Cash balance. Michael Saylor’s Strategy spent more than three times as much buying back its STRC preferred shares as it did acquiring Bitcoin last week. Strategy repurchased $208.2 million in STRC and spent about $65.5 million buying 811 Bitcoin (BTC) at an average price of $80,846, according to a Monday 8-K filing with the Securities and Exchange Commission. Strategy sold about 1.18 million MSTR shares for net proceeds of $164 million. About $65.5 million funded its Bitcoin acquisition, while the remaining $98.5 million was allocated to the company’s USD Cash balance, according to the filing. The company held $132.7 million in USD Cash and $4.79 billion i…
Michael Saylor says Strategy could create up to $30 billion in digital credit without new common-stock fundraising or further Bitcoin price gains, as the company plans more BTC purchases. Bitcoin treasury company Strategy is looking to finance more Bitcoin purchases through preferred-share offerings, with executive chairman Michael Saylor saying it has the capacity to create as much as $30 billion in digital credit. During Strategy’s third-quarter earnings call, Saylor said the company could generate the amount using its existing balance sheet, without an additional common-stock capital raise or further Bitcoin price appreciation. “We could create $10 billion, $20 billion, $30 billion of digital credit,” Saylor said.
The largest Bitcoin treasury company will begin daily dividend payments on STRC in November, with three other preferred securities following in January 2027. Bitcoin treasury company Strategy said Wednesday that shareholders approved amendments allowing its four preferred stocks to pay daily dividends, with 99.3% of votes cast in favor, according to preliminary results. The amendments cover Strategy’s four preferred securities — STRF, STRC, STRK and STRD — shifting dividend payments from semi-monthly or quarterly schedules to every business day. Dividends will accrue daily, including weekends and holidays, without changing their annual dividend rates. Strategy expects daily payments on STRC to begin Nov. 2, with STRF, STRK and STRD following on Jan. 4, 2027. Strategy said the changes are d…
Strategy made no Bitcoin purchases or sales last week, as its STRC preferred stock buybacks reduced its USD Cash balance by 46% to $242.4 million. Michael Saylor’s Strategy refrained from buying or selling Bitcoin last week, choosing instead to spend $204.9 million on STRC preferred stock buybacks. Strategy repurchased 2.07 million shares between Monday and Friday, reporting no Bitcoin (BTC) transactions or stock sales through its at-the-market offering program, according to its Monday filing with the US Securities and Exchange Commission. The company said its Bitcoin holdings remained at 848,517 BTC, acquired for $64.02 billion at an average price of $75,446 per coin. At Monday’s US equities open, the biggest cryptocurrency was trading hands at roughly $79,992 apiece.
Strategy added 267 Bitcoin to its holdings as it bought back 1.94 million STRC shares and boosted its preferred stock buyback program to $3 billion. Michael Saylor’s Strategy, the world’s largest publicly traded corporate Bitcoin holder, continued buying Bitcoin last week while spending nearly nine times as much repurchasing its preferred stock. Strategy bought 267 Bitcoin for $22.1 million at an average price of $82,900 between Oct. 12 and Oct. 18, bringing its holdings to 848,517 BTC, according to a Monday filing with the US Securities and Exchange Commission (SEC). The company also repurchased 1.94 million shares of its Stretch (STRC) preferred stock for $193.1 million and increased its digital credit securities buyback authorization to $3 billion from $2 billion.
Strategy conditionally declared daily dividends on STRC, which continued to hover below its $100 par value. Michael Saylor’s Strategy, the largest corporate Bitcoin holder, declared daily dividends on its STRC preferred stock for November, subject to shareholder approval and related amendments taking effect. The company’s board declared cash dividends for each calendar day from Nov. 1 to Nov. 30, with payments beginning Nov. 2. Each dividend will be payable on the business day following its record date, according to a Form 8-K filing with the Securities and Exchange Commission. STRC’s annualized dividend rate would remain at 12% for November. Strategy said management would keep recommending that rate until the stock demonstrates “sustained, healthy trading near $100 per share.”
Strategy, Metaplanet and Upexi were previously identified for deletion under the methodology, with MSCI set to announce its final list on Nov. 11. Index provider MSCI has adopted new rules that could lead to Strategy, Metaplanet and Upexi being removed from its global indexes, while leaving several other crypto treasury companies facing potential exclusion. MSCI said Thursday it will adopt a methodology proposed in August that would make “non-operating companies” ineligible for inclusion in the MSCI Global Investable Market Indexes. MSCI previously identified Strategy (MSTR) among the companies that would be deleted from the indexes under the “non-operating companies methodology.” Sharplink, Inc (SBET), Ton Strategy Company (TONX), Solana Company (HSDT) and DeFi Development Corp. (DFDV)…
Michael Saylor’s Strategy said Bitcoin holdings reached 848,250 BTC after its latest purchase, while maintaining a $4.88 billion cash reserve. Strategy bought 250 Bitcoin for $21.5 million last week, marking a second consecutive weekly decline in purchases as its Bitcoin holdings reached 848,250 BTC. The company funded $21 million of the purchases through sales of its common stock and the remaining $500,000 with existing cash between Monday and Sunday, according to an announcement published on Strategy’s website. Strategy also continued repurchasing shares of its STRC preferred stock, spending $192.4 million during the week, up from $176.3 million the previous week.
Strategy bought 334 Bitcoin for $28.7 million last week while spending $176.3 million to repurchase about 1.77 million shares of STRC. Michael Saylor’s Strategy last week spent more than six times its weekly Bitcoin buying budget on its repurchases of one of its preferred stocks. Strategy bought 334 Bitcoin (BTC) for $28.7 million between Monday and Sunday, bringing its holdings to exactly 848,000 BTC, according to a Monday 8-K form filing with the US Securities and Exchange Commission. Over the same period, Strategy repurchased about 1.77 million shares of its STRC preferred stock for $176.3 million.
Strategy’s scale and cash reserves give it an edge over treasury rivals, according to Saifedean Ammous, author of “The Bitcoin Standard.” Bitcoin treasury companies built primarily around buying the cryptocurrency may struggle to compete with Michael Saylor’s Strategy, according to economist and “The Bitcoin Standard” author Saifedean Ammous. “I don’t see a compelling case for going to another Bitcoin treasury company other than Michael Saylor’s Strategy,” Ammous said on the latest episode of Cointelegraph’s Proof of Thesis. Strategy holds the world’s largest corporate Bitcoin treasury, with 847,666 BTC acquired for $63.95 billion, according to its Monday 8-K filing. The company also reported a $5.02 billion US dollar reserve to cover preferred stock dividends and debt interest.
A Bitcoin Policy Institute paper says MSCI’s proposed “non-operating company” rule could remove Strategy and Metaplanet from its indexes and may have roots in an earlier crypto treasury review. A Bitcoin policy think tank has questioned how MSCI developed its latest proposal to tighten the rules governing its market indexes, after the benchmark provider identified companies including Strategy and Metaplanet for potential treatment as “non-operating businesses” and exclusion from its indexes. MSCI first proposed excluding digital asset treasury companies from its global indexes in 2025, but shelved the plan in January after pushback and said it would instead review “non-operating companies” more broadly. On Aug. 3, it returned with a wider proposal that could still remove Strategy and Meta…
Strategy sold 1.47 million MSTR shares for $246.2 million, using the proceeds for Bitcoin purchases and STRC preferred stock repurchases. Michael Saylor’s Strategy bought 1,665 Bitcoin for $142.7 million last week, lifting its holdings to 847,666 BTC as the company sold common shares to fund the purchase. The company bought the Bitcoin at an average price of $85,681 per coin between Monday and Sunday, Strategy said in a Sept. 28 8-K filing with the US Securities and Exchange Commission. Strategy has spent $63.95 billion on its holdings at an average price of $75,437 per Bitcoin, including fees and expenses. Strategy funded the purchase with proceeds from MSTR stock sales. It sold 1.47 million shares for $246.2 million in net proceeds, allocating $142.7 million to Bitcoin and $103.5 million…
Strategy’s proposal would move STRC and its three other preferred stocks to daily dividend payments, following a similar move by Bitcoin treasury firm Strive. Strategy is seeking shareholder approval to move its four preferred stocks, including STRC, to daily dividend payments without changing their dividend rates or the total amount paid. The company’s board approved the proposal on Thursday, according to a Friday filing with the US Securities and Exchange Commission. Shareholders are scheduled to vote on the amendments at a virtual special meeting on Oct. 28. If approved, each calendar day would become a dividend record date, with the corresponding payment made on the next business day. STRC would move to the new schedule first, with its initial daily dividend payment expected on Nov. 2.
President Donald Trump disclosed a July purchase of Strategy shares as his administration continues to advance crypto policy through federal regulators and Congress. President Donald Trump disclosed purchasing $50,001 to $100,000 worth of Strategy shares in July, according to a US Office of Government Ethics filing released Tuesday. The filing shows Trump bought $50,001 to $100,000 worth of Strategy shares on July 27, following a smaller $1,001 to $15,000 purchase three days earlier. Strategy is the world’s largest publicly traded corporate Bitcoin holder, with 846,000 BTC, according to BitcoinTreasuries.net data. Trump also disclosed transactions involving several other crypto-linked companies, including a Coinbase stock purchase and sales of Bitcoin miners MARA Holdings and CleanSpark in…
Strategy bought 950 Bitcoin for $75.7 million after a two-week pause and spent another $174 million repurchasing its STRC preferred stock. Michael Saylor’s Strategy resumed buying Bitcoin after a two-week pause while continuing to repurchase its STRC preferred stock. Strategy acquired 950 Bitcoin (BTC) for $75.7 million at an average price of $79,670 per coin between Monday and Sunday, according to a Form 8-K filing with the US Securities and Exchange Commission on Monday. The purchase brought Strategy’s holdings to 846,000 BTC, acquired for about $63.8 billion at an average cost of $75,416 per Bitcoin, including fees and expenses. With Bitcoin trading at $84,925 at the time of publication, Strategy was sitting on an unrealized gain of about $8.05 billion on its holdings.
Strategy repurchased $176 million worth of its STRC preferred stock and doubled the size of its digital securities repurchase program to $2 billion, while pausing on new Bitcoin buys. Michael Saylor’s Strategy, the largest corporate Bitcoin treasury, skipped its weekly Bitcoin acquisition to repurchase $176 million of its preferred STRC stock. Strategy repurchased 1.8 million STRC shares for an aggregate $176.3 million between Aug. 31 and Sept. 7, according to a Tuesday filing with the US Securities and Exchange Commission. The company also doubled the size of its Digital Credit Securities Repurchase Program to $2 billion. With no new purchases, Strategy’s holdings sit at 845,050 Bitcoin (BTC), acquired for a total of $63.6 billion, at an average purchase price of $75,412 apiece.
Five equity-backed notes issued through Luxembourg’s ORO II fund will trade against dollars, USDT and Bitcoin for eligible non-US investors. Bitfinex Securities, the tokenized investment platform associated with crypto exchange Bitfinex, has listed five tokenized notes giving eligible investors exposure to Strategy, Metaplanet and other publicly traded Bitcoin treasury companies. The trading platform announced that the products track the economic performance of shares in Strategy, Metaplanet, Sweden’s H100 Group and France’s Capital B. Bitfinex Securities also listed Strategy’s variable-rate perpetual preferred stock, STRC. Bitfinex Securities described the launch as the first time such products have been made available for secondary trading on a regulated tokenized securities exchange.
Strategy added to its BTC treasury for the first time in two months, while continuing to bolster its cash reserves and buy back its perpetual STRC preferred stock. Michael Saylor’s Strategy acquired 4,603 Bitcoin for $370 million, marking the first acquisition from the largest corporate Bitcoin holder in two months. Strategy acquired 4,603 Bitcoin (BTC) at an average purchase price of $80,318, pushing its holdings to 845,050 BTC, acquired for a total of $63.3 billion at an average price of $75,413, according to a Monday 8-k filing with the Securities and Exchange Commission. The Bitcoin purchase was funded by the net proceeds of a 602 million MSTR common stock sale. The company used $30 million of the net proceeds to increase its USD Cash reserve and $151.8 million to repurchase its prefer…
Michael Saylor’s “We’re Back” post hints Strategy may resume Bitcoin buying after a two-month pause to strengthen its balance sheet. Strategy’s Michael Saylor said “We’re Back” in his latest signal on X (formerly Twitter) of the company’s likely return to Bitcoin buying. For market watchers, the post could be a strong psychological signal as Saylor has a track record of dropping cryptic weekend teasers that precede official Monday morning treasury purchase announcements. Should that record, and community interpretation, hold true, his post points to the resumption of corporate Bitcoin accumulation following a notable summer hiatus.
Strategy’s biggest risk may not be a Bitcoin crash, but losing access to the capital markets that help it service $1.76 billion in annual obligations. Strategy’s Bitcoin treasury may be less vulnerable to a crypto market crash than to a prolonged loss of capital-market access, a risk that could threaten its ability to fund roughly $1.76 billion in annual obligations without selling Bitcoin, according to a recent analysis from Regime Intelligence. According to the report, Strategy’s 840,447 BTC stash sits behind roughly $22 billion in debt and preferred claims, meaning the company’s Bitcoin accumulation model depends on its ability to continually raise fresh capital to meet obligations. Contrary to popular belief, Strategy’s (MSTR) biggest vulnerability isn’t a Bitcoin-driven price drop or…
