Strategy's shares dropped 36% year-to-date, underperforming the iShares Bitcoin Trust ETF, as the company paused bitcoin purchases and sold some holdings to fund preferred dividends and build a $4.8 billion dollar reserve. The company holds 840,447 BTC at an average cost above current prices, creating a nearly $10 billion unrealized loss. Strategy's shift from accumulation to capital management, including share buybacks and dividend funding through stock sales, signals a cautious approach amid bitcoin price volatility. Investors will watch for resumed bitcoin buying, use of remaining sales capacity, and changes in the stock buyback program as key indicators moving forward.
Strategy Inc. reported an $8.3 billion unrealized loss on its Bitcoin holdings in Q2 due to a price drop, with earnings per share falling to -$24.45. However, Bitcoin rallied 42.8% in Q3, potentially allowing the company to report gains when it annou...
Federal regulators finalized stablecoin rules under the GENIUS Act, prompting a surge in crypto stocks: Circle Internet Group rose 6%, Strategy jumped 8%, and Coinbase climbed 5%. The new rules set standards for reserve backing, redemption, and risk ...
