Core Insights - Bitcoin is experiencing its fourth consecutive yearly decline, currently down about 7% as of December 16, 2025, following a selloff that saw prices drop to $87,000 from a peak of $126,000 in October 2025 [1][8] - Despite stronger institutional adoption and regulatory support, Bitcoin's price remains volatile, with significant ETF outflows indicating investor skepticism [2][5] - The correlation between Bitcoin and tech stocks remains high, with a beta of 2.77 for the iShares Bitcoin Trust (IBIT), suggesting that Bitcoin is perceived as a risky asset [3][8] Market Dynamics - Over $5.2 billion has been withdrawn from U.S.-listed spot Bitcoin ETFs since October 10, signaling a lack of confidence among investors [5] - The ongoing AI boom and the energy demands of data centers may impact the availability of power for Bitcoin mining, raising sustainability concerns [6][7] Political and Economic Context - The upcoming mid-term elections in the U.S. may influence Bitcoin's market dynamics, as a decline in approval ratings for President Trump's economic policies could limit Bitcoin's rebound potential [8][9] - Bitcoin is often compared to gold, with a potential market capitalization of over $500,000 if it reaches a similar valuation, currently at approximately $11.5 trillion [10] Investment Vehicles - Investors are encouraged to consider various Bitcoin-focused ETFs, including IBIT, FBTC, GBTC, BTC, BITB, ARKB, and BITO, as potential investment options in the current market environment [12]

Core Viewpoint - Bitcoin-related stocks experienced a pre-market rise as Bitcoin's price increased over 1%, reaching $88,212 [1] Group 1: Company Performance - MicroStrategy (MSTR.US) saw a pre-market increase of over 4% [1] - Coinbase (COIN.US) rose by more than 3.8% in pre-market trading [1] - Circle (CRCL.US) experienced a pre-market gain of over 4% [1] - Robinhood (HOOD.US) surged by more than 4.8% in pre-market activity [1]

Peter Schiff has given a damning assessment of Bitcoin and Michael Saylor's Strategy. Key Takeaways Peter Schiff warned that Bitcoin is unlikely to find a durable bottom at $50,000. Schiff argued that Strategy’s valuation is vulnerable to further declines. Michael Saylor and Strategy have downplayed downside risks and continue to add to their Bitcoin holdings. Bitcoin critic Peter Schiff on Wednesday issued a renewed warning about BTC, arguing that prices will fall well below $50,000 over the long ...

Core Viewpoint - The Strategy (MSTR) stock is under significant pressure due to falling Bitcoin prices, with potential for further declines as indicated by economist Peter Schiff, who suggests a possible drop to $80, representing a 50% decrease from current levels [2][3]. Group 1: Stock Performance and Market Sentiment - MSTR stock experienced a 5.25% drop to $160 during the Dec. 17 trading session, reflecting the negative impact of declining Bitcoin prices [1]. - Schiff warns that a further 50% crash in MSTR stock price cannot be ruled out, highlighting severe technical weaknesses [2]. - The stock's market cap is closely aligned with its Bitcoin holdings, indicating minimal premium over BTC, with a mNAV of $1.09 [3]. Group 2: Financial Obligations and Market Outlook - Strategy faces financial pressure with approximately $720 million in annual preferred dividend payments, supported by a $1.44 billion capital buffer that can cover these obligations for about 24 months [4]. - Analysts at JPMorgan predict that if MSTR is excluded from MSCI indices, the stock could face passive outflows of up to $2.8 billion [5]. - Despite these challenges, Michael Saylor continues to increase Bitcoin holdings, now totaling 671,268 BTC [5]. Group 3: Management Confidence and Investment Activity - Saylor expressed confidence in the company's ability to pay dividends indefinitely, even if Bitcoin's price remains stagnant for 100 years [6]. - He believes that if Bitcoin grows by more than 10.5% annually, MSTR equity will outperform BTC [7]. - Point72 Asset Management has disclosed a new stake in MSTR, purchasing 390,666 shares valued at approximately $65 million [8].

We recently published 10 Best SaaS Stocks Trading at a Discount.  Strategy Inc (NASDAQ:MSTR) is one of the best SaaS stocks trading at a discount. Strategy Inc (NASDAQ:MSTR) is an enterprise analytics firm that operates in the SaaS industry via its Strategy One platform. Bernstein discussed the firm’s shares on December 8th when it lowered the share price target to $450 from $600 and kept an Outperform rating. As part of its coverage, the financial firm commented that Strategy Inc (NASDAQ:MSTR) has 21 mon ...

There are a myriad of upside catalysts investors look to as reasons to buy stocks. Whether it's an earnings beat, or a big announcement, or something like a stock split or index inclusion, there are plenty of reasons why a given stock may be viewed as a buy. The inverse is also true, and index exclusions (or being taken out of a key index) can be viewed as the kiss of death for companies that many view as blue-chip or ironclad. One such company that's risen to prominence in impressive fashion in recent ye ...

Core Viewpoint - Bitcoin concept stocks have seen a short-term rise as Bitcoin approaches $90,000, with a nearly 3% increase in the last 24 hours, while Ethereum nears $3,000, rising nearly 2% in the same period [1] Company Performance - Strategy (MSTR.US) has increased by over 1.2% [1] - Coinbase (COIN.US) has risen by more than 1.5% [1] - Bitmine Immersion Technologies (BMNR.US) has gained over 1% [1] - SharpLink Gaming (SBET.US) has seen an increase of more than 2% [1]

RT Rachel (@yieldandgrace)Still ₿ullish.@saylor $MSTR $BTC https://t.co/fWGE6MMAYV ...

Core Viewpoint - Michael Saylor believes that quantum computing will enhance Bitcoin's resilience rather than weaken it, suggesting that the network will undergo a quantum resistance upgrade [1][2]. Group 1: Quantum Computing and Bitcoin - Saylor argues that quantum computing will not break Bitcoin but will instead "harden" it, leading to increased security and a decrease in supply, which will ultimately strengthen Bitcoin [2]. - Bitcoin security expert Jameson Lopp supports the idea of freezing unclaimed BTC after a quantum upgrade, noting that approximately 4 million BTC, or nearly 25% of the total supply, have had their public addresses exposed [3]. Group 2: Industry Perspectives - Grayscale's report indicates that quantum computing is unlikely to significantly impact cryptocurrency valuations in the short term, despite potential long-term risks to blockchain cryptography [5]. - Saylor has previously downplayed the quantum threat, asserting that major companies would not sell quantum computers capable of breaking cryptography, as it would jeopardize their own business [4]. Group 3: Market Activity - As of the latest data, Bitcoin (BTC) is trading at $86,845.44, reflecting a 0.41% increase in the last 24 hours, while Strategy Inc. shares experienced a slight decline in after-hours trading [6].

Core Viewpoint - MicroStrategy's recent Bitcoin purchase has faced scrutiny due to the timing, as Bitcoin's value dropped significantly shortly after the acquisition, leading to a sharp decline in MicroStrategy's stock price [1][3][6]. Group 1: Purchase Details - On December 14, MicroStrategy announced the acquisition of 10,645 BTC for approximately $980.3 million, at an average price of $92,098 per coin [2]. - Currently, MicroStrategy holds a total of 671,268 BTC, acquired for about $50.33 billion at an average price of $74,972 per coin [4]. Group 2: Market Reaction - Over the past five trading days, MicroStrategy's stock fell more than 25%, underperforming Bitcoin itself, which has also seen a decline [1][3]. - The company's market NAV (mNAV) is around 1.11, indicating that the stock trades only about 11% above the value of its Bitcoin holdings, a significant compression from previous levels [5]. Group 3: Investor Sentiment - Investors are not questioning MicroStrategy's long-term Bitcoin strategy but are concerned about the timing and risk management of the recent purchase [6][9]. - Critics argue that MicroStrategy should have waited for clearer macroeconomic signals before making the purchase, as the market had been anticipating a rate hike from the Bank of Japan [7]. Group 4: Strategic Perspective - From a long-term strategy perspective, MicroStrategy does not aim to time market bottoms but focuses on accumulating Bitcoin over time [8][9]. - CEO Michael Saylor emphasizes that owning more Bitcoin is more critical than the precision of entry points, suggesting that the real risk lies in future market conditions rather than the purchase itself [9].