MSTR)—which recently rebranded its corporate identity to StrategyInc.—stands as one of the most polarizing and fascinating case studies in modern finance ... The goal is to grow the amount of Bitcoin "owned" by each share of MSTR stock over time.
MSTR dropped as much as 8% yesterday, falling to around $160 ... However, it is worth noting that Saylor and his company continue to dilute MSTR shares to buy more Bitcoin ... He added that this also explains why MSTR’s mNAV has collapsed to just over 1x.
While Strategy’s debt is not a problem at the moment, MSTR common stock is down to $160 ... MSTR is just above its 12-month bottom, and may be amplifying the recent BTC dip to the $88,000 range.
Strategy (MSTR) made headlines this morning for its continued ambitious Bitcoin accumulation strategy, even as its stock struggles under mounting investor pressure ... Institutional interest in Strategy ($MSTR).
Strategy (MSTR), the world’s largest publicly traded corporate holder of bitcoin, has added another major tranche of BTC to its balance sheet, purchasing 22,305 bitcoin for approximately $2.13 billion over the past week.
Recent blockchain data shows steady Bitcoin deposits moving into wallets associated with major US custody providers, even as smaller investors pull back. Despite reduced retail activity, new BTC supply continues to accumulate in these holdings ... ....
Strategy hits 700k Bitcoin mark using MSTR stock ... Strategy used MSTR, STRC, and STRK shares to finance this most recent transaction ... MSTR stock decines 5% ... The MSTR stock has declined almost 5% from last week’s close of $173.