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MSTR Stock Up 40% in a Month, but Ross Gerber Still Calls Michael Saylor the 'Worst Thing' to Happen to Bitcoin: Here's Why
Benzinga23d agoneutral
MSTR Stock Up 40% in a Month, but Ross Gerber Still Calls Michael Saylor the 'Worst Thing' to Happen to Bitcoin: Here's Why

Veteran investor Ross Gerber accused Michael Saylor of putting the entire Bitcoin (CRYPTO: BTC) market at risk through the approach taken by his firm, Strategy Inc. (NASDAQ:MSTR). Gerber Slams Saylor’s Playbook In an exclusive chat with Benzinga, Gerber said Strategy’s tactic of selling MSTR at a high premium to buy "cheaper" Bitcoin worked in the bull market but started to “unwind” in the bear market. “So now he’s [Saylor] created a reverse situation. What was working for him all those years no

Strategy jumps back into bitcoin with $370 million purchase
Yahoo Finance Video24d agobullishVIDEO
Strategy jumps back into bitcoin with $370 million purchase

Scott Melker discusses Michael Saylor's Strategy (MSTR) restarting its bitcoin (BTC-USD) buying spree with a $370 million purchase, marking the company’s first bitcoin acquisition in nearly 10 weeks. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Strategy is finally buying bitcoin again
Yahoo Finance Video24d agobullishVIDEO
Strategy is finally buying bitcoin again

This episode of "The Daily Wolf with Scott Melker" explores Strategy's (MSTR) $370 million bitcoin (BTC-USD) purchase, token buybacks hitting record highs, and Russia opening its regulated crypto market. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Strategy Buys Bitcoin for First Time Since June
The Wall Street Journal24d agobullish
Strategy Buys Bitcoin for First Time Since June

Strategy, the bitcoin accumulation firm founded by Michael Saylor, said it bought about $370 million worth of the digital currency last week, its first purchase since June. Strategy said it acquired 4,603 bitcoin at an average price of $80,318 using proceeds from the sale of company's common shares. Strategy had paused its bitcoin purchases and sold bitcoin in recent weeks.

Investing.com24d agobullish
Strategy Inc. is officially back in the Bitcoin buying business

Investing.com -- Ending an unprecedented ten-week selling streak, the world’s largest corporate crypto holder snapped up 4,603 Bitcoin between August 24 and 30 for $369.7 million. The aggressive move—funded by fresh at-the-market equity sales—was telegraphed Sunday by Executive Chairman Michael Saylor, who posted a simple "We’re ₿ack" to social media. With Bitcoin last trading at $78,280, Strategy paid a slight premium to the current spot market, securing its latest tranche at an average of $80,

Strategy’s Cash Reserve Raises the Stakes for Its Next Bitcoin Filing
99bitcoins24d agoneutral
Strategy’s Cash Reserve Raises the Stakes for Its Next Bitcoin Filing

In MicroStrategy Bitcoin news today, Michael Saylor posted a two-word message on X on August 27, simply saying “We’re Back”, suggesting Strategy was returning to buying BTC, prompting traders to ask whether the company was ready to resume purchases. The post followed 10 weeks in which Strategy bought no Bitcoin. ...

Michael Saylor Says ‘We’re Back’ as Speculation Grows Over Bitcoin Purchases
Benzinga25d agoneutral
Michael Saylor Says ‘We’re Back’ as Speculation Grows Over Bitcoin Purchases

Michael Saylor fueled speculation on Sunday that Strategy Inc. (NASDAQ:MSTR) could resume its Bitcoin (CRYPTO: BTC) purchases following a pause of more than two months. Saylor Sparks Intrigue Saylor posted the company’s accumulation chart on X, using orange circles or “dots” to highlight the firm’s Bitcoin purchases. “We’re ₿ack,” he wrote. In many cases, these weekend posts preceded purchase disclosures on the following Monday. But a lot has changed in the past few months. We’re ₿ack. pic.twitt