Bitcoin-backed preferred shares STRC and SATA posted their highest combined monthly trading volume on record in June, surpassing $10 billion amid a BTC sell-off that pushed both below their $100 par value. According to data from BitcoinTreasuries.net (BTN), Strategy’s STRC generated $8.7 billion in trading volume last month, while Strive’s SATA recorded $1.5 billion, and […]
Bitcoin is showing “early signs of stabilization” as the price momentum exits an extreme negative regime, reported analytics firm Swissblock on Tuesday. It added that on-balance volume (OBV) is also starting to support the regime shift and “recovery begins with momentum, but a new trend requires buyers to follow.” OBV is a momentum indicator that uses […]
The Bitcoin treasury company Strategy offloaded 3,588 BTC last week for approximately $216 million. The asset briefly plunged below $61,500 before recovering quickly. While the sale initially drew attention, the decision to sell more of the cryptocurrency could be a positive step that strengthens confidence in the company’s financing structure, according to Grayscale Research Head […]
Bitcoin (BTC) closed June near its weakest level in almost two years after falling to around $58,000 on June 30, while spot Bitcoin ETFs extended a weeks-long run of heavy outflows. The month, according to a Santiment market report, was less about one single crash and more about capital quietly leaving crypto for AI stocks […]
Michael Saylor’s Strategy has long served as the dominant corporate force behind Bitcoin buying, but that may be changing. Bitwise Chief Investment Officer Matt Hougan believes that the company will play a much smaller role in driving the crypto asset’s demand in the next market cycle. Next Wave of BTC Buyers In his latest market […]
Michael Saylor and Strategy weren’t focused on the right features of bitcoin and how to build their own strategy around it, which is now hurting the overall cryptocurrency market, said Ripple’s CEO, Brad Garlinghouse. In a recent interview with CNBC, he doubled down that the long-term value of a certain asset is its utility, not […]
Strategy’s perpetual preferred stock Stretch (STRC) is under serious financial stress due to two simultaneous pressures, reported onchain analytics firm CryptoQuant on Tuesday. The Bitcoin bear market means that all BTC purchased between 2024 and 2026 is underwater, with $10.6 billion in unrealized losses, and cash reserves are depleted, down 38% since early 2026 after […]
Combined institutional flows across spot Bitcoin ETFs, stablecoins and the world’s largest corporate holder of BTC, Strategy, have swung to a record $8 billion in net outflows in the last 30 days, according to analysis published by BIT on June 22. The scale of the reversal went beyond the mere slowing down seen in late […]
Strategy executive chairman Michael Saylor says the company’s core purpose is creating financial products backed by Bitcoin (BTC), a business model he compared to a reserve bank. According to him, Bitcoin’s next stage of development should be about building a layered capital market around it. From Digital Gold to Digital Architecture In a June 16 […]
“We have 32 years of dividend coverage through our BTC Reserve,” said Strategy on X on Thursday. In principle, the math works out, as the firm’s Bitcoin treasury is currently worth just below $55 billion, and its dividend obligations are $1.7 billion. In November, Strategy claimed to have 71 years of dividend coverage “assuming the price […]