Experts predict $15 billion outflows from crypto treasuries
BitcoinForCorporations has forecasted a capital outflow of up to $15 billion from crypto treasuries if MSCI decides to exclude them from its indices.MicroStrategy is a business intelligence company known for its software platform and data analytics solutions.
Experts predict $15 billion outflows from crypto treasuries
BitcoinForCorporations has forecasted a capital outflow of up to $15 billion from crypto treasuries if MSCI decides to exclude them from its indices.
Strategy Acquires Bitcoin Worth $962 Million Before Price Drop
Just before the decline in digital gold prices, Strategy acquired 10,624 BTC for $962.7 million.
BitMine Acquires $112 Million in Ethereum
Under the leadership of Tom Lee, BitMine has expanded its reserves in the second-largest cryptocurrency by market capitalization. The firm acquired 33,504 ETH, amounting to $112 million.
Strategy Acquires Nearly $1 Billion in Bitcoin
Michael Saylor's company, Strategy, has bolstered its bitcoin treasury with the purchase of 10,624 BTC for approximately $962.7 million. The average price was $90,615 per coin.
CoinShares: The Imitation Strategy Boom Has Largely Ended
The bubble of companies with treasuries in Bitcoin and other cryptocurrencies (DAT) has largely burst. This view was expressed by James Butterfill, head of research at CoinShares.
JPMorgan: Bitcoin’s Outlook Tied to Financial Health of Strategy
Strategy’s balance-sheet resilience and ability to avoid selling bitcoin are pivotal for the asset’s price, JPMorgan says.
CryptoQuant: Strategy Bracing for a Protracted Bear Market
Strategy has established a fiat reserve of $1.44 billion to service debt and pay dividends. Analysts interpreted this move as preparation for worsening market conditions.
Strategy Builds $1.44 Billion Reserve to Fund Dividends
Strategy has set up a $1.44bn reserve to ensure stable dividend payments if bitcoin falls, CEO Phong Le said.
Investors accuse JPMorgan of targeting Michael Saylor’s Strategy
JPMorgan has opened a short position in Strategy shares, claimed TV host Max Keiser, though there is no official confirmation.
BlackRock and Vanguard sell $5.4bn of MSTR shares
From Q1 to Q3, investors trimmed holdings in Strategy (MSTR) by $5.38bn—from $36.32bn to $30.94bn.We use cookies to improve the quality of our service.
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