Investor Oliver Rodzianko maintains a hedged 10% stake in Strategy, viewing it as an undervalued public Bitcoin vehicle despite its stock price drop from around $470 to $135. He highlights growing Bitcoin adoption as collateral by institutions, companies, and sovereigns, with about 1.9 million BTC held by 188 entities, including Strategy and the U.S. reserve. The main risk remains Bitcoin's potential failure as non-sovereign collateral, but the adoption trend supports his positive outlook. Rodzianko bought most of his shares near $125 and believes the investment is positioned for growth as Bitcoin use expands.
Shares of Strategy Inc. (MSTR) have broken down from a bearish flag pattern, confirming a continuation of the downtrend. The stock failed to reclaim its 200-day moving average, indicating strong selling pressure above. A break below key support at $1...
Options traders are increasingly betting against Michael Saylor's Strategy (MSTR) and its preferred stock STRC, with put options far outpacing calls this week. This shift comes as bitcoin prices fell below $60,000 and concerns rise over Saylor's chan...
Shares of Bitmine Immersion Technologies and Strategy fell significantly due to a sharp decline in Ethereum and Bitcoin prices, with Ethereum down 7% and Bitcoin down 3%. Bitmine, heavily invested in Ethereum, saw its stock drop 34% year-to-date, ref...
MicroStrategy sold 32 Bitcoin for $2.5 million to pay preferred stock dividends, marking its first Bitcoin sale since 2022. Despite the sale being a tiny fraction of its 843,000 Bitcoin holdings, the stock plunged due to concerns over dividend fundin...
Bitcoin has fallen 35% over the past year, creating the widest performance gap versus the Nasdaq-100 since 2019. Options trading shows growing bearish sentiment, with more puts than calls on crypto equities like iShares Bitcoin Trust and Michael Sayl...
