CryptoQuant CEO Ki Young Ju 发文称，比特币下跌的核心原因在于卖压持续、缺乏新增资金流入。早期 持有者在 ETF 与 MicroStrategy 推动下获利了结，资金流入已明显减弱。MSTR 是本轮行情的重要驱动 之一，除非 Michael Saylor 大幅抛售，否则不太可能出现类似以往周期 70% 的暴跌，但底部尚未明确， 市场更可能进入宽幅震荡整理。 （来源：吴说） ...

Michael Saylor, executive chairman of Strategy (MSTR), said the largest public traded holder of bitcoin (BTC) increased the dividend rate on its preferred stock, Stretch (STRC), by 25 basis points to 11.25% for February. Strategy describes Stretch (STRC) as a short-duration, high-yield savings account. The increase is the sixth since STRC first traded in July 2025. STRC is a perpetual preferred stock that pays monthly cash distributions, with the dividend rate set each month to encourage trading near it ...

Core Viewpoint - The recent dip in Bitcoin prices to around $75,500 has temporarily placed Strategy's average purchase cost of Bitcoin at approximately $76,037 per coin, but this does not fundamentally alter the company's financial position or create balance sheet stress [1][2]. Group 1: Bitcoin Holdings and Debt Management - Strategy currently holds 712,647 Bitcoin, all unencumbered, meaning there is no risk of forced selling due to price drops [2]. - The company has $8.2 billion in convertible debt, which, while significant, provides flexibility in managing obligations [2]. - Strategy can extend maturities or convert debt to shares when due, with the first convertible note put date not until Q3 2027 [3]. Group 2: Cash Reserves and Fundraising Strategy - Strategy has $2.25 billion in cash on its balance sheet, reserved for dividend payments, indicating a strong liquidity position [4]. - Historically, the company has funded Bitcoin purchases through at-the-market (ATM) offerings, selling shares at current market prices to minimize market impact [5]. - The effectiveness of this fundraising strategy is contingent on the stock trading at a premium to its net asset value (mNAV), which has recently shifted to a discount as Bitcoin prices fell [6]. Group 3: Impact of Price Fluctuations - Trading below the cost basis is not a crisis for Strategy; it merely slows the company's ability to increase its Bitcoin holdings without diluting shareholders [7]. - In 2022, when MSTR shares traded below the Bitcoin holding value, the company added only about 10,000 Bitcoin, illustrating the impact of price on growth potential [7].

Group 1 - Strategy Inc. (NASDAQ:MSTR) has significant growth potential and recently sold 1,569 million shares of common stock, generating $257 million in net proceeds [1] - The company utilized the proceeds to purchase 2,932 Bitcoin at an average price of $90,061, totaling $264.1 million, increasing its Bitcoin treasury to 712,647 Bitcoin valued at approximately $54.19 billion [2] - Mizuho has reiterated an Outperform rating on MSTR but adjusted the price target from $484 to $403 due to various political and macroeconomic factors affecting the sector [3] Group 2 - Strategy Inc. operates primarily as a Bitcoin treasury company and an enterprise analytics software provider, focusing on acquiring and holding Bitcoin while developing AI-powered business intelligence tools [4]

Economist Peter Schiff questioned on Thursday how Strategy Inc. (NASDAQ:MSTR) can sustain the 11% dividend payout on its Perpetual Stretch Preferred Stock (NASDAQ:STRC), citing the company’s ongoing financial challenges. Saylor Says SRTC Providing Yield With Less Volatility It all started when Strategy founder Michael Saylor took to X, highlighting how the Bitcoin-backed preferred stock delivered 11% annual dividend, paid monthly in cash. Saylor attached a chart showing STRC’s 6% historical volatility, ...

Group 1 - The Bitcoin-as-a-Treasury (BaaT) business model of MSTR has experienced a significant decline of 58% over the past year, leading to the loss of a premium that supported its rapid accumulation of Bitcoin [1] - The equity market serves as a mechanism for wealth creation or destruction over the long term, with daily price fluctuations contributing to this dynamic [1] - Pacifica Yield is focused on long-term wealth creation by targeting undervalued high-growth companies, high-dividend stocks, REITs, and green energy firms [1]

Key Takeaways What can shake bitcoin out of its rut? That's the question on crypto traders' minds these days. The price of the world's largest cryptocurrency has fallen year-to-date, deflating early January hopes of a turnaround. Bitcoin broke below the $85,000 level this week and appears headed toward lows not seen since April; even signs of good news aren't helping, with the coin recently trading at around $83,000. Neither billions of dollars of purchases by a Bitcoin whale, nor recent developments with a ...

When it comes to Michael Saylor, there seems to be no stop for his Bitcoin purchases. Earlier this week, MicroStrategy (Nasdaq: MSTR) executive chairman announced the fourth Bitcoin purchase of the company of 2026. It acquired 2,932 BTC for $264.1 million at $90,061 per bitcoin. But with recent market volatility, a bigger slice of the Bitcoin pie can bring real trouble. As the crypto market slid on Jan. 29, major crypto stocks began unwinding. And among them was Strategy. Related: Michael Saylor predic ...

CANADA - 2025/05/24: In this photo illustration, the Strategy (MicroStrategy Incorporated) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesStrategy stock (NASDAQ: MSTR) dropped 10% yesterday to $143, pushing its six-month decline to 64%. Investors are quite aware of the reason: MicroStrategy has transformed from its software company origins into a leveraged Bitcoin treasury entity. The firm n ...

These comments back up the Cantor analyst’s stance, as he names three crypto stocks to buy in today’s market. Let’s give them a closer look and find out just what makes them stand out. And with some assistance from the TipRanks database , we can also gauge general Street sentiment toward these names.El-Assal goes on to lay out where opportunities in the industry are likely to open up: “We believe the primary value accrual in the crypto/blockchain ecosystem is likely to shift away from private projects and d ...