Strategy Inc (NASDAQ:MSTR) is one of the stocks on Jim Cramer’s radar. Cramer highlighted the company’s debt to buy Bitcoin. He stated: “I want you to understand that Bitcoin has a peculiar, almost unknown hold, maybe I should say choke hold, on much of the market because as I painstakingly detailed in this weekend’s investing club think piece, if you add up all the crypto derivatives, it makes up a surprisingly substantial chunk of the entire stock market. Unlike equities, there’s a bet the farm aspect t ...

RT Wendy O (@CryptoWendyO)BREAKING: Michael Saylor's MicroStrategy to DUMP 650K Bitcoin in 3-Year Crypto Apocalypse? Insane $57B Holdings at Risk! https://t.co/ShzaIGhvAY ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Jim Cramer's newest critique centers on a familiar theme: investors expecting Michael Saylor to openly reveal what Strategy (NASDAQ:MSTR) plans to do next. What Happened: In an X post on Dec. 2, Cramer argued that Saylor operates more like a "master poker player" — someone who's survived enough crises to earn "nine lives," and who understands the power of misdirection. Don’t Miss: If there was a new fund bac ...

Market Trend & Bear Market Preparation - CryptoQuant research indicates a bear market started in early November [1] - The research expects BTC to trade in the $70 thousand–$55 thousand range next year if the bear market persists [1] Liquidity & Risk Management - MicroStrategy (MSTR) established a ~$1.44 billion USD reserve this week [1] - The reserve is intended to cover preferred dividends and debt interest, signaling bear-market preparation [1] - The USD reserve serves as a liquidity risk-management tool, built up when mNAV>1 [1] - At ~$92.7 thousand BTC, MicroStrategy can sustain operations and dividends for 3+ years [1] - BTC sales are considered only as a last resort [1]

Group 1 - Renowned investor Ross Gerber criticized Strategy Inc.'s model of holding Bitcoin, suggesting a similar model for gold purchasing [1][2] - Gerber proposed a public company that would buy gold, allowing investors to purchase shares at a "1.5x premium" to the gold's value, paralleling Strategy's shares trading at a premium to its Bitcoin value [2][3] - Gerber expressed skepticism about the sustainability of leveraged exposure in both gold and Bitcoin, indicating that the business model may not be viable [4][5] Group 2 - Strategy Inc., led by Michael Saylor, announced a $1.44 billion buffer to cover dividends and interest without relying on Bitcoin sales during downturns, reflecting concerns about its business model [5][6] - The company currently holds 650,000 BTC at an average price of $74,436, with Saylor admitting the possibility of selling Bitcoin if shares trade at a discount to its underlying holdings [6] - Market expert Jim Cramer suggested that Saylor might be attempting to "engineer a squeeze of a lifetime," countering his own claims about the company's resilience during significant drawdowns [7]

Market Overview - The cryptocurrency market is experiencing a significant sell-off, with Bitcoin trading 26% below its October all-time high and Ethereum down 38% [2] - Bitcoin's current price is $92,962.55, reflecting a 13.47% decline over the past 30 days, while Ethereum is priced at $3,059.35, down 17.57% in the same period [3] Notable Investors - Michael Saylor's Strategy Inc. has purchased 8,795 BTC in the last 30 days, totaling $817 million, and holds 650,000 BTC valued at $60.45 billion, making it the largest corporate holder of Bitcoin [4] - El Salvador has acquired 1,122.19 BTC worth $104.24 million for its national reserves, including a notable purchase of 1,090 BTC in one day [5] - Strive Inc., founded by Vivek Ramaswamy, has bought 1,567 BTC in the last month, increasing its total to 7,525 BTC valued at nearly $700 million [6] Ethereum Accumulation - Bitmine Immersion Technologies Inc. has aggressively increased its Ethereum holdings, purchasing 331,064 ETH in the last 30 days, bringing its total to 3.72 million ETH valued at almost $11 billion [8] Legislative Interest - Senator David McCormick disclosed purchasing shares of the Bitwise Bitcoin ETF ahead of Thanksgiving, indicating growing interest from lawmakers in cryptocurrency investments [9]

MSTR just printed a once in 5-20 year Abandoned Baby pattern and you’re bearish??matthew sigel, recovering CFA (@matthew_sigel):The Abandoned Baby candlestick pattern is one of the rarest reliable reversal patterns in TA.Generally one occurrence every 5-20 years for a single stock. https://t.co/W4UnFMD9hh ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Michael Saylor just said something he's avoided for five years: MicroStrategy Inc (NASDAQ:MSTR) might sell Bitcoin (CRYPTO: BTC) "in the interest of shareholders." The comment stunned a market conditioned to believe the company would hold forever—and instantly ignited a fresh wave of speculation about what the move really means. And if you ask Jim Cramer, this might not be capitulation. It might be the setu ...

RT Emmett Gallic (@emmettgallic)Strategy $MSTR transferred another 11,642 BTC ($1B) to Fidelity in the last 48hrs.Total transferred: 177,351 BTC ($16.5B).Fidelity's omnibus custody combines it with other client funds, so 27% of their BTC is no longer trackable onchain https://t.co/x8ioeqxVlg ...

Core Insights - MicroStrategy, now referred to as Strategy, has faced criticism after revealing a $27 million deposit for a corporate aircraft, raising concerns about its spending priorities amid Bitcoin's volatility [1][5]. Financial Disclosures - The company's Form 10Q, filed on November 3, indicated a significant increase in net cash used for investing activities year-over-year, with a $27 million deposit for a corporate aircraft and $19.38 billion in Bitcoin purchases funded through various financing methods [2]. Investor Sentiment - Investors have expressed skepticism regarding the alignment of the aircraft purchase with the company's Bitcoin-first strategy, especially as the stock price (MSTR) has declined by approximately 30% over the past month [4][5]. - Critics argue that shareholder capital should prioritize Bitcoin accumulation rather than enhancing executive travel privileges, particularly given the context of recent equity issuances [5]. Supporter Arguments - Supporters of the company contend that corporate aircraft are standard for firms with extensive global operations and that the $27 million deposit is a minor portion of the total capital allocated for Bitcoin investments during the same period [6]. Market Sentiment and Company Strategy - The situation underscores how closely the decisions made by the company's leadership are linked to market sentiment, particularly during volatile periods for Bitcoin [7]. - The debate illustrates the shifting expectations of investors when a company is heavily focused on a single macro-sensitive asset like Bitcoin [8].