Weary U.S.-based bitcoin (BTC) bulls might think it's their imagination that they seem to wake up every morning to BTC doing pretty well only for prices to head lower during the U.S. trading session. They are, in fact, not imagining things. Data from crypto analytics platform Velo.xyz shows that over the past year, bitcoin is more likely to be in the green when traditional U.S. markets are closed and in the red when they're open. hourly btc action Bloomberg's Eric Balchunas said the data on better perfo ...

Core Viewpoint - The company, co-founded by Tether and Jack Mowers, aims to build a business that focuses on Bitcoin products while generating cash flow, distinguishing itself from traditional treasury companies and crypto exchanges like Coinbase [1][2][3]. Business Model - The company is not merely a treasury firm; it is focused on creating an operating company that offers Bitcoin products with the intent of generating cash flow [2][3]. - The business model seeks to combine elements of brokerage and exchange services specifically for Bitcoin, differentiating itself from broader crypto platforms [6][10]. Market Opportunities - There are significant opportunities in brokerage, exchange, credit, and lending within the Bitcoin space, which the company plans to capitalize on [5][7]. - The company aims to build credit markets and lending products on top of Bitcoin, recognizing it as a $2 trillion asset that requires financial infrastructure [7]. Strategic Partnerships - The company sees value in partnerships with established entities like Tether and Soft Bank, leveraging their credibility and resources to enhance its market position [8]. Investment Proposition - The company positions itself as a unique investment opportunity, emphasizing that it is not just a treasury asset but a business with substantial cash flow potential [10]. - It claims to hold over four times the amount of Bitcoin compared to Coinbase, reinforcing its commitment to acquiring Bitcoin as a core asset [10]. Market Perspective - The leadership views Bitcoin as a long-term opportunity amidst currency debasement and inflationary pressures, indicating a willingness to endure volatility for potential gains [12].

Bitcoin price analysis. Photo by BeInCrypto MicroStrategy announced today that it spent nearly $1 billion to acquire an additional 10,624 BTC, increasing its total Bitcoin holdings to 660,624 BTC. The purchase comes at a moment of heightened scrutiny for MicroStrategy’s figurehead, Michael Saylor. The company has faced significant pressure during a broader market downturn driven by Bitcoin’s weak price performance. Accumulation Continues as Pressures Grow Saylor has continued expanding MicroStrategy’s Bi ...

Michael Saylor's Strategy bought more Bitcoin last week. — Source: CoinGape Strategy bought 10,624 Bitcoin between December 1 and 7. Michael Saylor had hinted about the purchase yesterday. The MSTR stock is up almost 2% today, rebounding from last week's closing price. Michael Saylor’s Strategy, previously MicroStrategy, has made another weekly Bitcoin purchase despite concerns that it may need to sell some of its BTC holdings in a prolonged bear market. This latest purchase comes amid a rebound i ...

Strike CEO Jack Mallers isn’t letting traditional finance shut the door on him. After JPMorgan Chase abruptly terminated his bank accounts in September, the 31-year-old Bitcoin advocate is now heading toward Wall Street, with plans to take one of his companies public. Mallers’ firm, Twenty One Capital announced a key milestone in its merger with Cantor Equity Partners (CEP), a special purpose acquisition company listed on Nasdaq. Jack Mallers, CEO of Strike and Twenty One Capital (Source: Getty Images) ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. GameStop Corp. (NYSE:GME) is a specialty retailer that provides games and entertainment products through its stores and e-commerce platforms in the U.S. and internationally. It is set to report its Q4 2025 earnings on Dec. 9. Wall Street analysts expect the company to post EPS of $0.18, up from $0.06 in the prior-year period. According to Benzinga Pro, quarterly revenue is expected to reach $987.28 million ...

Core Insights - GameStop's stock has declined nearly 38% from its 52-week high of about $35 to approximately $21–22, with net sales dropping around 17% year-over-year [2][4] - The company's hardware revenue has collapsed by over 30%, and software sales have fallen by more than 25% [2][4] - A $1.75 billion convertible-debt initiative and a significant investment in Bitcoin have led to substantial market capitalization losses [2][5] Business Model Challenges - GameStop's business model is heavily reliant on physical gaming, which is declining as fewer gamers purchase discs and visit stores [4] - The company has reduced operations in several international markets due to ongoing demand erosion [4] - Despite cost-cutting measures, these have not compensated for declining revenues, raising concerns about the company's ability to stabilize [4] Strategic Decisions and Market Reaction - The issuance of convertible debt and investment in Bitcoin have alarmed investors, raising doubts about management's long-term strategy [5] - The stock price dropped sharply following these announcements, indicating that investors view the strategy as a risky gamble rather than innovation [5] Meme-Stock Phenomenon Decline - The excitement surrounding GameStop as a meme stock has diminished, leading to a valuation more reflective of its actual business performance [6] - Without the previous hype, the stock faces pressure from declining financial trends and strategic uncertainty [6] Future Outlook - GameStop still has cash reserves and a dedicated investor base, but it needs to present a credible shift in strategy [7] - Investors are looking for signs of improving sales trends and a sustainable economic strategy rather than financial engineering [7] - The stock remains speculative, with potential for sudden recoveries but also ongoing turmoil as the company seeks its next chapter [7]

Core Viewpoint - Strategy Inc. (NASDAQ:MSTR) is identified as an undervalued stock with significant upside potential despite recent declines in share price and bitcoin value [1][2]. Group 1: Stock Performance and Market Sentiment - The share price of Strategy Inc. has decreased over 40% in the past month, primarily due to a 20.3% drop in bitcoin and concerns about potential delisting from major indices [1]. - Wall Street analysts maintain a cautiously optimistic outlook, with TD Cowen reiterating a Buy rating and a price target of $535, while Mizuho Securities also reiterated a Buy rating but lowered its target from $586 to $484 [2]. Group 2: Company Insights and Leadership Commentary - Michael Saylor, the founder and executive chairman, emphasized that bitcoin investment is long-term and that volatility is expected, asserting that there is still significant upside for bitcoin [3]. - Saylor mentioned that the company's debt related to bitcoin purchases is manageable, with a leverage ratio that is low and debt maturing in 4.5 years, indicating no immediate threats to the company's fundamentals [4]. Group 3: Company Profile - Strategy Inc. is an enterprise software company specializing in AI-powered business intelligence and analytics software, and it is the largest corporate holder of bitcoin, using it as its primary treasury reserve asset [4].

California Public Employees’ Retirement System (CalPERS) has been caught on the wrong side of the recent sell-off in Strategy, with its first bet on the Bitcoin proxy stock sliding from more than $144m to about $80m in a matter of months. According to a recent SEC filing, CalPERS acquired 448,157 Strategy (MSTR) shares in the third quarter, paying over $144m for the position. The stake, which gave the fund direct equity exposure to one of the most volatile Bitcoin plays in traditional markets, is now wort ...

Strategy typically starts the week by highlighting the amount of Bitcoin that recently was added to its stockpile, yet the company was unusually silent on Monday. The Bitcoin-buying firm stopped purchasing the asset for the first time in several weeks, as its stock price hovered near a 14-month low, according to TD Cowen Analyst Lance Vitanza. “We found out this morning that Strategy did not issue any securities under any of its ATMs, nor did it purchase any incremental Bitcoin,” Vitanza shared in an email, ...