Strategy

Strategy has reportedly bought roughly 1,200 bitcoin today through STRC.

Strive said it raised the dividend rate on its SATA preferred stock to 12.75%, narrowed the trading range guidance, and added 179 bitcoin to its balance sheet.

A $409M trading day and record-low volatility suggest STRC may have unlocked product-market fit, bridging Bitcoin treasury strategy with income markets.

Investment bank B. Riley assigned Strategy Inc. (NASDAQ:MSTR) and Strive, Inc. (NASDAQ:ASST) Buy ratings and price targets of $175 and $12, respectively. 

Strategy spent a whopping $1.28 billion to buy 17,994 more bitcoin last week, raising its total holdings to 738,731 BTC worth about $50 billion at current prices.

Shares of Strategy, Inc. (MSTR) and Coinbase (COIN) jumped on Wednesday, marking a sharp rebound for the Bitcoin proxies after months of losses. 

I went to Strategy World last week. On the Bitcoin side, this conference might as well have been called “Stretch World.” STRC (Strategy Variable...

Strategy purchased over $200 million in bitcoin last week, lifting its total holdings to 720,737.

Morgan Stanley said at Strategy World that it plans to expand its digital asset offerings, including launching a native crypto custody and exchange solution.

Strategy (MSTR) surged on Wall Street after bitcoin’s rally, despite holding the largest short interest — about 14% of its $41.6 B market cap — among $25 B+ global equities.