Michael Saylor hints at first bitcoin purchase in two months as bitcoin nears $79,000
Bitcoin rebounds from Friday’s low as Strategy’s valuation expands and bitcoin dominance climbs above 60%.
Saylor
Saylor says share buyback isn’t a priority as it builds its $4.8 billion cash reserve, though a possibility
It’s not a priority, said Executive Chairman Michael Saylor, but Strategy (MSTR) could buy back its own shares if they become cheap enough. The comments during a Monday Q&A follow a rough stretch for Strategy’s common shareholders. MSTR is down about 38% this year and… Read More
Michael Saylor and team maintain 12% dividend for STRC
Holders of Strategy’s (MSTR) high-yielding preferred stock STRC will not see a dividend increase in August. Led by Executive Chairman Michael Saylor, Strategy is maintaining the current 12% dividend on the shares. STRC investors may have been expecting as much as a 50-basis-point hike in… Read More
Michael Saylor calls Bitcoin’s new BIP-110 proposal ‘a bad idea’
Michael Saylor, executive chairman and co-founder of Strategy, has come out swinging against a new proposal to clean up Bitcoin’s ‘spam,’ arguing that it could fundamentally alter how the world’s largest blockchain operates. The Bitcoin Improvement Proposal (BIP) 110, aimed at temporarily restricting arbitrary data… Read More
Saylor blamed AI for bitcoin crash. Arca has one word for that: Nonsense
While bitcoin BTC$63,271.85-holder listed firm Strategy’s chairman Michael Saylor blamed the AI boom for last week’s bitcoin selloff, crypto investment firm Arca is pointing the finger squarely at Saylor himself. “The selling pressure last week was clearly due to the Saylor/MSTR news,” wrote Arca’s Chief… Read More
Michael Saylor revives bitcoin-buy speculation as scrutiny grows
Michael Saylor may have offered a clue about Strategy’s (MSTR) next move after last week’s surprise bitcoin BTC$62,806.40 sale. On Sunday, the company’s executive chairman posted the chart traditionally used to track Strategy’s bitcoin purchases on X, writing: “A good time to add more dots.”… Read More