Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Strategy may sell Bitcoin if needed, shifting from 'never sell' stance to maintain liquidity and support business.

Market News
17 May 2026
Crypto news
View Source
Neutral
pluang ai news

Michael Saylor, executive chairman of Strategy, indicated the company might sell some Bitcoin to maintain liquidity and fund debt repayments, marking a shift from its previous 'never sell' approach. Strategy holds about $65 billion in Bitcoin and plans to use sales cautiously to support its business and manage dividend costs amid a $12.54 billion net loss reported in Q1. Despite this, Strategy continues to buy Bitcoin, recently adding 535 BTC, and aims to remain a long-term net buyer. The company also filed a plan to repurchase $1.5 billion of convertible notes, potentially funding this through Bitcoin sales, cash reserves, or equity proceeds.

More News

XRP trades in a tight range with bearish bias, key levels at $1.38 support and $1.48 resistance hold focus.

XRP trades in a tight range with bearish bias, key levels at $1.38 support and $1.48 resistance hold focus.

XRP is currently trading in a narrow range between $1.38 support and $1.48 resistance, showing muted momentum with a slight bearish tilt. Technical models indicate the token remains below its 200-day moving average, signaling structural weakness and ...

Technical Signals
Bearish
4 hours ago
Ethereum leads in smart contracts with diverse uses; XRP targets institutional payments with higher risk-reward.

Ethereum leads in smart contracts with diverse uses; XRP targets institutional payments with higher risk-reward.

Ethereum dominates as a smart contract platform with broad applications in DeFi, NFTs, and asset tokenization, supported by strong developer activity and Layer 2 scaling solutions. XRP focuses narrowly on cross-border payments and institutional settl...

Market News
Neutral
4 hours ago
Bitcoin dips below $79K amid rising Treasury yields and crypto ETF outflows

Bitcoin dips below $79K amid rising Treasury yields and crypto ETF outflows

Bitcoin fell toward the $78,000–$79,000 range last week due to rising U.S. Treasury yields hitting 12-month highs, which pressured risk-sensitive assets like cryptocurrencies. U.S. spot Bitcoin ETFs saw significant net withdrawals totaling nearly $1 ...

Market News
Bearish
4 hours ago
Equinor posts strong Q1 2026 with $9.8B income, 9% production growth, and solid dividends.

Equinor posts strong Q1 2026 with $9.8B income, 9% production growth, and solid dividends.

Equinor delivered robust Q1 2026 results with $9.8 billion in adjusted operating income and a 9% increase in oil and gas production, exceeding 2.3 million barrels per day. The company supports a dividend yield above 4% and $1.5 billion in annual shar...

Company Fundamentals
Bullish
4 hours ago
PEDEVCO boosts production and financial outlook after Juniper Capital investment and asset acquisition

PEDEVCO boosts production and financial outlook after Juniper Capital investment and asset acquisition

PEDEVCO has significantly increased its oil production from 1,000 to over 6,000 barrels of oil equivalent per day following a major investment and asset acquisition by Juniper Capital Advisors. This cash injection shifts the company from a cash-strap...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App