Strategy News

Strategy, formerly known as MicroStrategy, has raised $711.2 million through an upsized preferred stock offering, with most of the funds earmarked for additional Bitcoin purchases. The company priced its 10.00% Series A Perpetual Strife Preferred Stock at $85 per share,…

Today’s edition of the weekly recap covers Strategy’s massive stock offering to fund Bitcoin purchases, Coinbase’s hiring plans under the Trump administration, and growing crypto cooperation between Latin American nations. Strategy launches $21B preferred stock offering Coinbase on hiring spree,…

REX Shares has launched the REX Bitcoin Corporate Treasury Convertible Bond ETF. This will be a fund that invests in convertible bonds issued by companies that hold Bitcoin (BTC) in their corporate treasury, according to a company release. Convertible bonds…

REX Shares has launched a new, first of its kind exchange-traded fund focused on convertible bonds from companies incorporating Bitcoin into their treasury. REX Shares, an asset management firm specializing in investment products and funds, has just launched Bitcoin Corporate…

Strategy’s stock is down almost 50% from its Nov. peak, but the company continues its aggressive Bitcoin accumulation strategy amid the current crypto bloodbath. Strategy stock plunged 17% yesterday, closing at $239.27. This marks an almost 50% shave-off its value…

Is forced liquidation looming for Bitcoin’s biggest corporate believer? Strategy’s stock is crumbling, Bitcoin is struggling, and debt is piling up. Could the company’s aggressive strategy backfire? Forced liquidation fears explode For months, Strategy (formerly MicroStrategy) had been riding high,…