JPMorgan has criticized MicroStrategy's bitcoin sales policy, stating it introduces "two-way risk" to crypto markets and suggesting equity issuance as an alternative.
Japanese firm Metaplanet acquired an additional $170 million in Bitcoin, expanding its treasury to 43,000 BTC and becoming the third largest publicly traded holder.
Metaplanet acquired an additional **2,823 Bitcoin** in Q2, reducing its average acquisition cost to **$106,500 per BTC** and reporting **$10.9 million** in revenue.
MicroStrategy has authorized up to $2 billion in share buybacks and established a program allowing future bitcoin sales for liquidity.
MicroStrategy's cash reserves have dropped by 38%, reducing dividend coverage from seven years to 14 months, prompting CryptoQuant to advise pausing Bitcoin buys.
MicroStrategy boosted its USD reserve to $1.4 billion and acquired an additional 520 Bitcoin, funded by $335.5 million in MSTR share sales.
Tom Lee's Ethereum treasury firm, Bitmine, has significantly expanded its Ether reserves by $136 million, following a successful $274 million preferred stock sale.
MicroStrategy has further bolstered its Bitcoin reserves, acquiring an additional 1,587 BTC for approximately $100 million at an average price of $63,024.
Nakamoto, a Nasdaq-listed Bitcoin firm, has sold $48 million in BTC to reduce debt and authorized a share buyback program.
Michael Saylor and Jack Mallers are clashing over MicroStrategy's Bitcoin acquisition strategy, specifically its mNAV metric and the impact of equity issuance.
MicroStrategy has once again reaffirmed its strong belief in Bitcoin, adding another 1,550 BTC to its substantial digital asset portfolio.
MicroStrategy has once again bolstered its Bitcoin treasury, adding 1,550 BTC to its reserves after raising $181 million through recent stock sales.
MicroStrategy further expands its Bitcoin reserves with a $100 million purchase, signaling continued conviction as BTC hovers above $63,400.
MicroStrategy, led by Michael Saylor, has become a prominent public company known for its aggressive strategy of accumulating vast amounts of Bitcoin.
Tom Lee's BitMine is set to raise $300 million through a preferred stock offering to establish a staking-focused Ethereum treasury, aiming for fixed cash dividends.
SpaceX's planned **$75 billion IPO** could significantly impact tech and crypto markets, spotlighting its considerable **Bitcoin** reserves.
Capital B is seeking shareholder approval for a massive $122 billion capital raise to significantly expand its Bitcoin treasury holdings.
Strategy, a major corporate Bitcoin holder, recently sold a small amount of BTC to fund preferred stock distributions, demonstrating financial flexibility.
MicroStrategy recently sold Bitcoin for the first time since 2022, signaling a notable shift in its long-standing accumulation strategy.
Strive, a publicly traded Bitcoin treasury company, announced plans to raise an additional $4.2 billion to significantly boost its Bitcoin holdings through expanded capital programs.
OranjeBTC, a leading Latin American corporate Bitcoin treasury company, acquired 20 BTC and repurchased shares, boosting its per-share Bitcoin exposure.
MicroStrategy recently sold 32 Bitcoin for $2.5 million to fund dividend payments to preferred stock holders, marking a rare divestment from its large crypto reserves.