MicroStrategy | ForkLog

ForkLog 31 03.06.2025

BlackRock sells, Strategy buys: the latest bitcoin whale moves

BlackRock sold about $430m of bitcoin; Strategy bought $75m. Outflows from BTC ETFs continued for a third straight day; inflows to ETH ETFs rose for an 11th day in a row. Strategy announced a 2.5m Series A preferred share issue to aggressively build its bitcoin reserves. Asset manager BlackRock, issuer of the BTC ETF under […]

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ForkLog 28 29.05.2025

Arkham Traces 87% of Strategy’s Bitcoin Holdings

Analytical firm Arkham Intelligence has announced the identification of previously undisclosed Bitcoin addresses linked to the company Strategy. Previously, we tagged: — 107K BTC sent to MSTR Fidelity deposits (Fidelity does not segregate custody, so these BTC do not appear in the MSTR entity)— Over 327K BTC held in segregated custody including Coinbase Prime, in […]

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ForkLog 24 28.05.2025

Trump Media to raise $2.5bn to buy bitcoin

Trump Media & Technology Group will raise $2.5bn via an issuance of common stock and convertible notes to acquire digital gold. The execution of the bitcoin strategy resembles a pyramid propped up by a premium of the securities over the value of the coins. An analyst drew parallels between MSTR and Grayscale’s GBTC. Trump Media […]

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ForkLog 5 28.05.2025

K33 Analyzes Slowdown in Strategy’s Bitcoin Purchases

Strategy continues to acquire the leading cryptocurrency, yet the pace of purchases has slowed since the peak in November, noted K33. From May 19 to 25, the firm acquired 4020 BTC for $427.1 million. The average purchase price was $106,237. The company raised $348.7 million through its $21 billion at-the-market (ATM) MSTR share sale program. […]

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ForkLog 47 23.05.2025

Bitcoin Nears $112,000 Amid Institutional Buying Spree

On the evening of May 22, the price of the leading cryptocurrency nearly tested the $112,000 level, buoyed by substantial inflows into ETFs. The digital gold reached a peak of $111,980 against the BTC/USDT pair on the Binance exchange. At the time of writing, the asset is trading around $110,650. 15-minute BTC/USDT chart on Binance. […]

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ForkLog 19 21.05.2025

Standard Chartered Reaffirms $500,000 Bitcoin Target Amid Sovereign Fund Interest

In the first quarter, government entities increased their holdings in Strategy shares as a derivative of digital gold. Standard Chartered reached this conclusion based on reports to the SEC, writes The Block. This trend has reinforced the bank’s experts’ expectations of the first cryptocurrency reaching a target of $500,000 by 2028. “As more investors gain […]

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ForkLog 8 19.05.2025

Strategy Faces Allegations of Concealing Bitcoin Risks

On May 19, the company Strategy was hit with a class-action lawsuit. The firm’s leadership is accused of making “false or misleading statements” about the profitability of its bitcoin strategy and concealing the asset’s volatility risks. The allegations involve Chairman Michael Saylor, CEO Phong Le, and CFO Andrew Kang. The plaintiffs cite violations of securities […]

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ForkLog 14 16.05.2025

JPMorgan Predicts Bitcoin to Surpass Gold by Year-End

In the latter half of the year, the leading cryptocurrency is expected to continue its price ascent, outpacing gold, driven by corporate acquisitions and growing support from American states. These conclusions were drawn by JPMorgan, as reported by The Block. Experts referred to the implementation of the debasement trade strategy, which became relevant for both […]

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ForkLog 4 15.05.2025

Investor Takes Short Position on Strategy Shares and Long on Bitcoin

Jim Chanos, an investor specializing in short positions and founder of Kynikos Associates, revealed in an interview with CNBC that he has purchased bitcoin and opened short positions on Strategy shares. “We are essentially buying something for $1 and selling it for $2.5. […] It’s a good barometer not only of the arbitrage itself but […]

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ForkLog 76 14.05.2025

Michael Saylor Predicts Strategy’s Market Cap to Reach $10 Trillion

There will come a time when, thanks to Bitcoin, Strategy will be valued at $10 trillion. Such expectations were shared by its co-founder, Michael Saylor, in a new documentary for the Financial Times. “We can grow from a corporation with a $100 billion capital to a corporation with a $1 trillion capital [and later] to […]

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ForkLog 15 11.05.2025

Bitcoin Turns Deflationary Due to Strategy’s Acquisitions

The pace at which Michael Saylor’s firm, Strategy, is acquiring Bitcoin surpasses the rate at which miners produce new coins. This observation was made by CryptoQuant CEO Ki Young Ju. #Bitcoin is deflationary.@Strategy is buying BTC faster than it’s mined. Their 555K BTC is illiquid with no plans to sell. MSTR’s holdings alone mean a […]

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ForkLog 5 06.05.2025

Bernstein Forecasts Corporate Bitcoin Holdings to Reach $330 Billion

By 2029, corporations are expected to increase their holdings of digital gold to $330 billion, according to calculations by Bernstein, reports Decrypt. The lion’s share of purchases will be made by Strategy, while smaller players will attempt to emulate its business model. Strategy began acquiring the first cryptocurrency in 2020. Currently, its bitcoin position has […]

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