Bitcoin Must Fall 90% For Years To Pressure Strategy’s Debt, CEO Says
Strategy’s leadership is pushing back against growing concerns that the world’s largest corporate holder of Bitcoin (BTC) could face serious financial stress as the cryptocurrency’s price continues to slide. Speaking after the company released its fourth‑quarter results, CEO Phong Le sought to reassure investors that the firm remains well-positioned, even as Bitcoin fell close to…
Could A Bitcoin Drop To $74,000 Spell Bankruptcy For Strategy? Top Analysts Respond
Bitcoin (BTC) has seen a slight recovery, edging back above the $89,000 mark as it attempts to break through the $90,000 resistance level. Nonetheless, concerns loom over further downward moves, raising worries about the risks this trend poses to firms like Strategy (formerly MicroStrategy). Analysts at the Bull Theory have posed a critical question regarding…
Analysts Warn Strategy Could Be Dropped From Multiple Indexes, Potential $9 Billion Loss Predicted
Over the past few months, Strategy (formerly known as MicroStrategy), the largest publicly traded Bitcoin (BTC) treasury company, has found itself at the center of a pressing issue that could lead to its exclusion from the Morgan Stanley Capital International (MSCI) index. This potential move not only poses significant financial risks for the firm but…
Report Reveals 65% Of Bitcoin Treasury Companies Struggling With Major Unrealized Losses
A recent report from BitcoinTreasuries.Net highlights significant challenges faced by Bitcoin-focused treasury companies since November. The findings revealed that the vast majority of these firms are now grappling with substantial unrealized losses, prompting many to sell off considerable amounts of their Bitcoin holdings. Market Struggles Continue In a sample analysis of 100 companies with reliable…
Strategy Calls For Withdrawal Of MSCI’s Exclusion Plan For Digital Asset Treasury Companies
Strategy, formerly known as MicroStrategy, has expressed strong opposition to a proposal by the Morgan Stanley Capital International (MSCI) to exclude digital asset treasury companies (DATs) from its indexes. Calls For Fair Treatment Of Digital Asset Companies In a recent letter signed by Michael Saylor and the firm’s CEO Phong Le, Strategy highlighted its support…
Coinbase, Strategy Mark Major Profit Surges In Q3: Unveiling The Numbers
In a recent financial disclosure, two of the crypto industry’s giants, Coinbase (COIN) and Strategy (MSTR), reported significant gains in their third-quarter (Q3) results. Coinbase Surges Past Profit Expectations Coinbase exceeded analysts’ expectations for its Q3 profit, buoyed by increased volatility in digital assets that elevated trading volumes on its platform. The company reported a…
Bitcoin Price: 7 Vital On-Chain Signals Spotted From Recent Crash
In the last week, Bitcoin prices fell from around $115,000 to below $105,000 amid a widespread crypto market correction. According to prominent market analyst Burak Kesmeci, several on-chain developments unfolded during this price decline that are now indicative of the present market and potential price movements. Bitcoin Metrics Flash Extreme Fear, But Local Bottom May…
Michael Saylor Puts Bitcoin Tracker Back In Play — Another BTC Buy Incoming?
Michael Saylor, the executive chairman of MicroStrategy, which recently rebranded to Strategy, has once again drawn attention to the company’s aggressive Bitcoin acquisition strategy by reviving and actively utilizing the public BTC Tracker. What Is The Bitcoin Tracker And Why Does It Matter Michael Saylor has once again released the Strategy Bitcoin tracker, a chart…
Bitcoin Is ‘Digital Capital’ That Outpaces Traditional Assets—Michael Saylor
Strategy’s long-running bet on Bitcoin remains at the heart of the debate over the asset’s place in finance. Based on reports, the firm now holds more than 638,500 BTC, a stake that Saylor has said is worth “tens of billions” of dollars. That stockpile has shaped both the company’s identity and Michael Saylor’s public message…
Total Illiquid Bitcoin Has Reached 72% Of Supply, What Does This Mean For Price?
The total illiquid Bitcoin has reached a new high, providing a bullish outlook for the flagship crypto. This refers to the BTC supply that is unlikely to hit the open, given the long-term holding of the investors who own these coins. Bitcoin’s Illiquid Supply Hits New High Glassnode data shows that Bitcoin’s illiquid supply has…