Tag: Bitcoin holdings
Strategy Halts Bitcoin Purchases, Shifts Focus to Cash Reserves
Michael Saylor’s company, Strategy Inc., has temporarily paused its Bitcoin purchases while sharply increasing its cash holdings to $2.19 billion, a move that suggests...
Trump-Backed American Bitcoin Overtakes GameStop With 4,783 BTC
American Bitcoin Corp. has expanded its Bitcoin reserves once again, adding 416 BTC and raising its total holdings to 4,783 BTC, valued at roughly...
Strategy Won’t Face Forced Bitcoin Selling Even If Its Stock Drops,...
Strategy holds $1.4 billion in cash, has no debt coming due until 2027, and owns Bitcoin at a cost basis well below current market...
Strategy Builds $1.4B Cash Buffer, Boosts Bitcoin Holdings to 650,000 BTC
Strategy has created a new cash reserve funded through stock sales to cover at least twelve months of dividend payments, while continuing to expand...
‘Last Resort’: CEO Says Bitcoin Sale Possible if mNAV Weakens and...
Strategy CEO Phong Le said the company would only consider selling Bitcoin if its stock price dropped below net asset value and the firm...
GameStop’s $528M Bitcoin Holdings Narrow Q2 Loss as GME Stock Climbs
GameStop has revealed that its growing Bitcoin investment helped reduce its second-quarter losses, while collectibles sales provided an additional boost. Following the report release,...
Metaplanet Surpasses 20,000 BTC Holdings Worth $2B Despite Stock Decline
Metaplanet Reaches 20,000 BTC Holdings Worth $2 Billion Despite Stock Drop
Japan’s Metaplanet has hit a major milestone in its Bitcoin accumulation strategy, officially surpassing...
