MicroStrategy announced a strategic shift from passively accumulating bitcoin to actively managing its balance sheet to increase bitcoin per share value. The company, which holds over 818,000 BTC acquired at an average cost of $75,500 each, is now open to selling bitcoin to buy U.S. dollars or pay down debt if it benefits shareholders. This change follows a $12.5 billion net loss in Q1 due to bitcoin's price drop. MicroStrategy aims to enhance shareholder value by increasing bitcoin per share, using tactics like selling bitcoin strategically rather than adhering to a strict 'never sell' policy. The company also maintains a $2.25 billion U.S. dollar reserve to meet financial obligations and continues to acquire bitcoin, having added about 63,000 BTC year-to-date.
Strategy Inc. used $1.38 billion of cash to retire $1.5 billion in convertible debt, reducing its total debt to $6.7 billion. Despite concerns from economist Peter Schiff about dwindling cash reserves threatening its aggressive Bitcoin accumulation, ...
Bitcoin's recent price action resembles a bearish pattern from 2022, where a second, deeper drop followed an initial decline. The cryptocurrency has fallen below its 200-day moving average and formed a bear flag, signaling potential further downside ...
YieldMax MSTY ETF, launched in February 2024, uses a covered-call strategy on Strategy (MSTR) shares to generate high monthly income from option premiums. While it offers yields between 60% and 100% annualized, MSTY caps upside gains by selling call ...
The SPDR Bloomberg Convertible Securities ETF (CWB) combines bond income with equity upside through convertible bonds, paying a modest 1.42% yield while capturing 60-70% of stock market gains and limiting downside risk. In 2026, CWB returned 19%, out...
Strategy's CFO Andrew Kang and director Jarrod M. Patten sold significant shares recently, coinciding with nearly a 10% drop in Strategy's stock amid Bitcoin market volatility. Kang sold 5,597 shares worth about $927,866, while Patten sold 5,250 shar...
