Strategy Inc (MSTR) stock was a bearish candidate that came up on one of my Barchart Stock Screeners that searches for stocks trading below their 50-day moving average and having a high IV Percentile. Here are the full parameters for the screener and the results. More News from Barchart A screenshot of a computer AI-generated content may be incorrect. Today, we’re going to look at a Bear Call spread trade that assumes MSTR will struggle to get back above the 95 level in the next few months. A Bear Ca ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. American Bitcoin Corp. (NASDAQ:ABTC) co-founder Eric Trump celebrated on Tuesday the company’s sprint in Bitcoin (CRYPTO: BTC) accumulation since its Wall Street debut last year. ‘Building America's Bitcoin Infrastructure’ In an X post, Trump expressed pride that the firm has “sprinted past company after company” to become the 18th-largest Bitcoin treasury, within five months of going public. As of this w ...

Core Insights - Strive's perpetual preferred equity (SATA) reached a par value of $100 for the first time, enabling the company to sell more stock to fund additional bitcoin purchases [1] - Strive currently holds 12,797 BTC on its balance sheet, with its common share priced at $0.94 and a preferred stock dividend rate of 12% [1] - The trading structure of SATA is similar to Strategy's (MSTR) Stretch (STRC), which also reached par earlier this month, allowing both companies to raise cash through at-the-market sales [2] Trading Volume and Market Activity - STRC recorded a trading volume of $755 million last week, with $582 million occurring above par value, marking the largest above-$100 volume to date [3] - Sustained trading at this level could enable Strategy to generate approximately 2,636 BTC through its ATM program [3] Executive Commentary - Michael Saylor, executive chairman of Strategy (MSTR), commented on the significance of both STRC and SATA reaching par, indicating the importance of perpetual preferred equities trading above par [4]

Core Insights - Metaplanet's stock has surged by 15% on the Tokyo Stock Exchange, coinciding with Bitcoin's price recovery to $92,500 [1][2] - The company plans to buy back shares worth $150 million, although it has not executed any buybacks yet [3][4] - Metaplanet holds 35,102 Bitcoins, making it Asia's largest corporate BTC holder [3] Financial Performance - The company reported a remarkable 568% BTC yield during Q4 2025, despite the quarter being described as dull [5] - Metaplanet's market net asset value (mNAV) is currently at 1.11, indicating a healthy valuation relative to its Bitcoin holdings [6] - The stock has recovered nearly 38% since mid-November after experiencing a significant drop of nearly 80% from its peak [7] Strategic Initiatives - Metaplanet is focused on a disciplined capital allocation strategy aimed at further Bitcoin accumulation, with a goal of reaching 100,000 BTC by the end of 2026 [8] - The company secured a $130 million loan in November 2025 to facilitate additional BTC purchases [4] - The share buyback program is intended to enhance capital efficiency and prevent the mNAV from falling below 1.0x [6]

Core Insights - American Bitcoin Corp (ABTC) acquired an additional 54 bitcoin during a market selloff, increasing its total holdings to 5,098 coins valued at nearly $450 million based on the current bitcoin price of $87,600 [1] - The company, co-founded by Eric Trump, ranks among the top 20 publicly-traded bitcoin treasury firms [1] Company Holdings - ABTC's bitcoin holdings were accumulated through a mix of self-mining and targeted purchases, including bitcoin held in custody or pledged under a miner purchase agreement with Bitmain [2] - The company reported a 96.5% bitcoin yield since its Nasdaq debut, with 533 satoshis per share as of December 14 [3] Stock Performance - Despite a rise in bitcoin prices on Tuesday, ABTC's stock fell by 2.7%, continuing a downward trend following an unexpected stock lock-up expiration two weeks prior [3] - The company's shares have decreased nearly 60% since the lock-up expiration [3]

Company Overview - KindlyMD Inc. is a healthcare and Bitcoin treasury company facing potential delisting from Nasdaq due to its share price falling below the minimum bid requirement for an extended period [1] - The company's shares, trading under the ticker NAKA, are currently priced at $0.38, down nearly 5% on the day and over 73% year to date [2] Compliance and Financial Performance - KindlyMD has received a notice from Nasdaq after its common stock closed below $1 for 30 consecutive trading days, which is out of compliance with Nasdaq Listing Rule 5450(a)(1) [1] - The company has until June 8, 2026, to regain compliance by maintaining a closing bid price of at least $1 for a minimum of 10 consecutive trading days [3] Bitcoin Strategy and Financial Impact - In May, KindlyMD merged with Nakamoto, a Bitcoin-focused public entity, raising over $700 million to fund Bitcoin purchases [4] - The company acquired 5,764 Bitcoin in August for approximately $679 million, resulting in an unrealized loss of roughly $176 million, or about 26% [5] - KindlyMD's third-quarter report showed revenue of $0.4 million from healthcare operations, while operating expenses rose to $10.8 million, largely due to costs associated with its Bitcoin strategy [7] - The company reported a net loss of $86 million for the quarter, including non-cash charges linked to the Nakamoto merger and unrealized digital asset losses [8]

Core Viewpoint - Kindly MD (NAKA) is at risk of being delisted from the Nasdaq exchange due to its share price falling below the minimum listing requirement of $1 for 30 consecutive trading days, with a deadline to rectify this by June 8 [1]. Group 1: Company Overview - Kindly MD was acquired in a reverse takeover by Nakomoto in August, retaining the KindlyMD name and changing its stock ticker [2]. - The company holds 5,398 BTC, valued at approximately $466 million, making it the 19th largest corporate holder of bitcoin [2]. Group 2: Stock Performance - Following the announcement of the reverse takeover, the shares surged to a record high in May but have since plummeted by 99%, closing at 38 cents, which is 0.817 times the net asset value (mNAV) [2]. Group 3: Potential Solutions for Delisting - If the share price does not meet the listing requirement by June, Nasdaq may grant an extension, the company could consider a reverse stock split, or it may apply to transfer to the Nasdaq Capital Market [3].

Core Viewpoint - Twenty One (XXI) has experienced a significant decline of 25% on its first trading day after merging with Cantor Equity Partners (CEP), now trading around $10.50, close to its PIPE pricing of $10 [1] Company Overview - XXI holds the third largest corporate bitcoin treasury with 43,514 BTC and is supported by notable entities such as Tether, Bitfinex, and Strike CEO Jack Mallers, who also serves as XXI's CEO [2] - The company's strategy emphasizes capital-efficient bitcoin accumulation and providing bitcoin ecosystem services, underpinned by on-chain proof of reserves [2] Market Context - The decline of XXI is part of a broader trend affecting bitcoin treasury companies this year, following the recent launch of Anthony Pompliano's ProCap BTC (BRR), which has seen a drop of over 60% since its debut, now trading at approximately $3.75 [3] - Another notable example is KindlyMD (NAKA), which funded its vehicle through a PIPE and is currently trading at $0.43, down 99% from its all-time high [4] - Bitcoin's price has remained relatively stable over the past 24 hours, currently at $90,900 [4]

Company Overview - Columbus Circle Capital (BRR) has completed its merger with ProCap BTC, which has raised over $750 million to establish a bitcoin treasury firm, now renamed ProCap Financial, set to trade on Nasdaq under the BRR symbol [1] Market Performance - The performance of bitcoin treasury companies (BTCTCs) has been poor this year, with many experiencing declines of 90% or more post-SPAC merger, including notable companies like KindlyMD (NAKA) and Strive (ASST), which now trade for less than $1 [2] Stock Movement - BRR shares had been trading close to their offering price of $10 for several months, closing at $10.15 before the merger approval, but dropped over 50% to $4.36 following the merger announcement [3] Management Compensation Concerns - Concerns have been raised regarding the high compensation packages for management and boards of BTCTCs, questioning the value provided to investors who can buy and hold bitcoin themselves [4] Management's Response - Anthony Pompliano, leading ProCap Financial, announced he will take a salary of $1 per year with no guaranteed bonuses, and any equity compensation will only be available if the stock price exceeds $15 per share, which is over three times its current trading price [5] - Pompliano emphasized that CEOs and boards should not earn millions unless retail shareholders also benefit, aiming to set a standard for shareholder alignment [6]

Core Insights - The implied value of Strive's all-stock acquisition offer for Semler Scientific has decreased by approximately 76% from September to December due to the loss of key customers that accounted for a significant portion of Semler's revenue [1] Group 1: Acquisition Details - Under the amended merger agreement, Semler Scientific shareholders will receive a fixed ratio of 21.05 shares of Strive Class A common stock for each share held, translating to approximately $21.68 per Semler share based on Strive's closing price on December 2 [2] - The initial offer represented a 210% premium to Semler Scientific's closing price prior to the announcement, but skepticism was noted regarding the disparity between the offer price and Semler's trading price immediately after the announcement [3] Group 2: Financial Performance and Challenges - Semler Scientific's medical hardware revenue is expected to decline sharply, with two major customers, which contributed over 60% of its revenue in Q3 2025, ceasing orders, leading to a projected revenue drop of at least 60% in Q4 compared to Q3 [4] - For Q3, Semler Scientific reported a net income of $16.9 million, a significant increase from $5.6 million in the same period last year, primarily due to a $30 million unrealized gain in Bitcoin holdings [5] Group 3: Merger Approval Status - The merger is pending approval from Semler Scientific stockholders and is subject to customary regulatory closing conditions, while Strive stockholders have already approved the share issuance [6]