StoneX's Mark Palmer: Why MSTR Price Target Is $435
Mark Palmer explains why Strategy bought back six times more Stretch than Bitcoin, how the $4.9B Reserve lifts preferred shares to par, and why dividend rates…
Mark Palmer explains why Strategy bought back six times more Stretch than Bitcoin, how the $4.9B Reserve lifts preferred shares to par, and why dividend rates…
TD Cowen's Lance Vitanza predicts Bitcoin reaching $132,000 by 2027 and discusses MicroStrategy's price outlook.
Bitcoin treasury firm Strategy posted a quarterly profit after bitcoin's rally produced $21 billion in paper gains.
MicroStrategy bought 334 BTC for $28.7 million while spending $176.3 million on stock buybacks the same week.
Saylor shares volatility data: Bitcoin at 39% (matching Nvidia), Strategy stock at 94%, preferred STRC at 9%.
Peter Schiff argues MicroStrategy has lost its ability to fund Bitcoin purchases via its Stretch preferred stock issuance channel.
Strategy has proposed shifting STRC, STRF, STRK and STRD to daily dividends, following Strive's move on SATA, to improve retail appeal and crypto composability.
Strategy has spent 64% of its $2 billion STRC repurchase fund in 10 weeks of buybacks.
MicroStrategy's Michael Saylor supports competitor Strive, saying its Bitcoin purchases benefit the broader sector. The firms also share financial ties.
Strategy and Strive collectively purchased over 2,700 Bitcoin last week, totaling $232.5 million.
Strategy's weekly bitcoin purchase jumped 75% to 1,666 BTC, with total holdings reaching 847,666 BTC, the largest among public companies.
Michael Saylor posted a Bitcoin chart with the caption 'Even more orange,' a signal that often precedes a Strategy Bitcoin purchase announcement.
Michael Saylor urges US banks to custody and lend Bitcoin, and predicts digital assets could reach $100 trillion.
Strategy proposes daily dividends on STRF, STRC, STRK, and STRD preferred shares, with income accruing daily and paid next business day.
Strategy, the largest corporate bitcoin holder, proposes daily dividends on four preferred stocks, with shareholder vote set for October 28.