Strategy CFO Andrew Kang resigns as company posts record operating profit
Andrew Kang’s departure comes as Strategy reports $21 billion in quarterly operating income and bitcoin holdings of 848,517 BTC.
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Andrew Kang’s departure comes as Strategy reports $21 billion in quarterly operating income and bitcoin holdings of 848,517 BTC.
Andrew Kang’s departure comes as Strategy reports $21 billion in quarterly operating income and bitcoin holdings of 848,517 BTC.
Strategy, the former MicroStrategy and the largest corporate holder of Bitcoin (BTC), reported a record $21 billion operating profit for the third quarter on Thursday. Every dollar of it came…
Michael Saylor’s MicroStrategy (now Strategy) has approved daily dividend payments across four preferred stocks, potentially reopening a major funding route for Bitcoin purchases after a week of buying nothing. Shareholders…
While Matt Cole’s Strive just executed its single-largest bitcoin purchase to date, Michael Saylor’s Strategy has remained on the sidelines. Instead, the NASDAQ-listed business intelligence software firm has doubled down…
The securities have financed purchases of nearly 136,000 bitcoin, opening a funding channel that analysts expect to complement the larger ETF market.
The macro landscape and the building tension in different sectors, as well as growing inflation, have not deterred the world’s largest corporate holder of BTC from continuing to add more…
Strategy Executive Chairman Michael Saylor blames trade policy, rising yields and artificial intelligence (AI) spending for Bitcoin (BTC) weakness. He still says the asset is returning to a bull market.…
Michael Saylor says Bitcoin backing alone could not keep Strategy’s 12% yield preferred stock at its $100 target. Instead, credit investors wanted a cash cushion before they returned. The Strategy…
The world’s largest corporate holder of bitcoin faces the prospect of being removed from major MSCI indexes under newly finalized eligibility rules, potentially triggering billions of dollars in passive outflows.…
Michael Saylor-led Strategy could face removal from major global stock indexes after MSCI approved new rules for companies it considers non-operating. The index provider announced this week that it would…
The rules proposed in August would see companies that exist mainly to hold investments as no longer eligible for index inclusion.
After hinting on X yesterday that the company he co-founded decades ago has completed another BTC purchase, Michael Saylor announced the development minutes ago, indicating that Strategy has indeed upped…
Strategy, the Nasdaq-listed company that holds more Bitcoin (BTC) than any other public firm, bought just 250 coins last week. Its stack now stands at 848,250 BTC. Two weeks ago,…
Wall Street is pouring billions into Bitcoin, yet ordinary investors still hold most of the supply. Meanwhile, some of the biggest corporate buyers are spending millions to simply maintain their…