Strategy’s Bitcoin engine faces $28B STRC ceiling: Delphi Digital
Strategy is approaching the $28 billion issuance limit on its STRC stock, but Delphi researchers pointed to other capital-raising mechanisms that may fuel its BTC accumulation.
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The post MSTR Stock Price as Peter Schiff Warns STRC Is Draining Bitcoin Demand After Record 5M Volumes appeared on BitcoinEthereumNews.com. Strategy (NASDAQ: MSTR) stock price closed trading on May 13 at $178 after dropping by 3.4%. On Thursday, it opened at $176, a 1% drop from the previous day. But this drop did not spill over to Strategy’s STRC preferred stock that saw the fourth largest volumes in history after 5 million shares were traded. Bitcoin critic Peter Schiff now says that STRC is taking away demand from Bitcoin because people are chasing the 11.5% yield that BTC does not guarantee. Schiff Warns STRC is Weakening Bitcoin’s Demand STRC had the fourth-highest volume in history on May 14 with five million shares traded at above $100, even if MSTR stock price is down. This was enough to buy 3,094 BTC. The highest volume for STRC is 14.7 million shares on April 14. On Tuesday, STRC had just raised another $240 million to buy Bitcoin. But Schiff now says that these numbers are
Read full articleStrategy is approaching the $28 billion issuance limit on its STRC stock, but Delphi researchers pointed to other capital-raising mechanisms that may fuel its BTC accumulation.
The post Bitcoin keeps rallying mid-month – Is Saylor using Strategy’s STRC funding loop to pump BTC? appeared on BitcoinEthereumNews.com. Make CryptoSlate preferred on Bitcoin has been seeing recurring mid-month strength this year, and it is becoming harder to separate it from Strategy’s (formerly MicroStrategy) expanding preferred-stock machine. The funding channel is helping the company continue to buy the flagship digital asset while adding a growing layer of cost to its balance sheet. Research firm K33 has tied the pattern to Strategy’s perpetual preferred stock, STRC, which has become a key source of liquidity for the world’s largest corporate Bitcoin holder. The instrument pays dividends at month-end, but investors must own the shares by the 15th to qualify for the payout. That deadline has turned the middle of each month into a predictable window of demand. Investors buy STRC ahead of the cutoff, driving up its trading volume, and the stock moves back toward its $100 par value.
The launch of Nasdaq crypto index futures by CME Group could significantly enhance institutional participation and market stability in the crypto sector. The post CME Group to launch Nasdaq crypto index futures covering Bitcoin, Ether, XRP as daily volumes surge 43% this year appeared first on Crypto Briefing.
Strategy's STRC stock has fueled mid-month Bitcoin rallies since March, but May demand is plateauing as ETFs posted $630 million outflows.
Strategy's aggressive Bitcoin accumulation could reshape corporate treasury strategies, but risks amplify if Bitcoin's value declines significantly. The post Strategy buys 2,543 Bitcoin in a single day, now closing in on 4% of total supply appeared first on Crypto Briefing.
The post Bonk Price Sits 88% Below All Time High While Pepeto Presale Hits $10 Million With a Working Exchange and Binance Listing Ahead appeared on BitcoinEthereumNews.com. The Bonk price shows a token still waiting for a catalyst that has not arrived, with BONK trading at $0.0000071 and sitting 88% below its November 2024 peak. Tuttle Capital filed a 2x leveraged BONK ETF while Bonk Holdings on Nasdaq targets $115 million in reserves, but even those moves cannot close a gap that wide. Pepeto has collected nearly $10 million in presale with an exchange already processing trades and a Binance listing approaching, and analysts project 100x to 300x from the current entry. CoinDesk reported that Tuttle Capital filed a 2x leveraged BONK ETF, and Bonk Holdings on Nasdaq targets $115 million in reserves by year end. CoinMarketCap shows BONK at $0.0000071 with a $673 million market cap. The institutional interest is real, but the Bonk price still sits 88% below its peak, and recovery from tha
The post Bitcoin Bulls Target $100K as Strategy’s STRC Enables More BTC Buying This Week appeared on BitcoinEthereumNews.com. Bitcoin (BTC) may reach $100,000 by June as Strategy’s renewed buying power and falling stablecoin dominance suggest liquidity is returning to crypto. Key takeaways: Michael Saylor’s Strategy may purchase at least 3,127 BTC this week via the sales of STRC shares. Falling crypto market dominance of USDT and USDC stablecoins increases BTC’s odds of reaching $100,000. Strategy resumes Bitcoin buying as STRC stock reclaims $100 par Strategy’s preferred stock, Stretch (STRC), has reclaimed its critical $100 par value, restoring one of the company’s funding mechanisms for Bitcoin purchases, data from STRC.LIVE shows. As of Wednesday, STRC was trading around $100.01, with estimates suggesting the preferred-share program has already unlocked enough buying power for Strategy to acquire at least 3,172 BTC this week. Strategy’s weekly BTC buying estimates via STRC stock sa
After years of heavy fundraising in the private markets and scrapping earlier IPO plans, AI chip startup Cerebras Systems is finally making its public-market debut on the Nasdaq.