Crypto Biz: The cost of stacking sats
CryptoQuant urged Strategy to pause Bitcoin buying as dividend coverage shrank. Meanwhile, CBOE eyes crypto perpetual futures and Chainlink joins a stablecoin FX project.
The Defiant·
The Rosen Law Firm opened a securities investigation into Strategy and is soliciting shareholders for a potential class action, as MSTR hit a two-year low below $100 and its STRC preferred traded about 26% below par.
Read full articleCryptoQuant urged Strategy to pause Bitcoin buying as dividend coverage shrank. Meanwhile, CBOE eyes crypto perpetual futures and Chainlink joins a stablecoin FX project.
Strategy’s flagship preferred stock tumbled again when U.S. markets opened, setting another record low as Bitcoin lingered below $60,000.
Three Strategy officials published separate posts within hours Friday defending the company's balance sheet, as bitcoin fell to around $59,600 and STRC preferred shares traded near historic lows.
Strategy's Bitcoin accumulation could significantly impact market dynamics, influencing supply constraints and investor sentiment amid volatility. The post Strategy CEO Phong Le highlights 4% Bitcoin accumulation amid market uncertainty appeared first on Crypto Briefing.
A worst-case model sends MSTR stock to $1 and CEBE sharply lower, but the company still avoids a death spiral.
Strategy’s common stock and preferred-share complex are under pressure, raising questions about the Bitcoin treasury model and future issuance.
Strategy’s options market has remained below historical crisis levels even as defensive Bitcoin positioning has climbed into the top fifth of historical readings, according to new research from Anchorage Digital. According to a June 25 report by Anchorage Digital head…
Vinny Lingham, co-founder of Praxos Capital, told Unchained’s Laura Shin that Strategy’s financial structure is now unraveling in a way he predicted 18 months ago, and that the company may be approaching the point where every available move makes its position worse. Lingham Called It Early The co-founder of Praxos Capital, Vinny Lingham, once known […]