Strategy CEO Phong Le admits miscalculation behind STRC's 25% rout
Strategy CEO Phong Le said the company did not anticipate the amount of borrowed money flowing into STRC, causing a 25% price drop. Buybacks and a cash…
Strategy CEO Phong Le said the company did not anticipate the amount of borrowed money flowing into STRC, causing a 25% price drop. Buybacks and a cash…
Strategy CEO says Jamie Dimon supports Bitcoin in private; JPMorgan's crypto moves show growing institutional interest.
Strategy repurchased 5,553 BTC at roughly $18,000 more per coin than it sold them for this summer, costing over $100 million in missed gains, with 1,363 BTC…
Strategy bought 950 Bitcoin for $75.7 million at an average of $79,670, its first purchase since August 31, according to a Monday SEC filing.
Corporate bitcoin buyers Strategy and Strive acquired 2,305 BTC worth $182.7 million as the cryptocurrency topped $86,000.
Strategy bought 950 BTC after a two-week pause, spent $174M on STRC buybacks, and now holds 846,000 BTC.
Saylor teases Bitcoin purchase after pause; Calacanis calls BTC a dead cat bounce, sparking debate.
CEO Phong Le outlines Strategy's goal to be the JPMorgan of Bitcoin, building a $15 billion digital credit ecosystem and supporting DeFi protocols.
Bitcoin treasury firms could face selling pressure if prices fall and financing dries up, but such a scenario is not assured.
Strategy's STRC fell back to $97 after touching $99, still below its $100 peg over four months later.
Strategy's Bitcoin guide warns of 93.1% crash risk, but the firm holds BTC near breakeven.
Strategy argues its funding structure is safer than JPMorgan's, but critics note the comparison omits key risks.