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Strategy's valuation falls below bitcoin holdings as crypto sentiment sours
Strategy's valuation has fallen below the value of its bitcoin holdings for the first time, a milestone that weakened investor confidence in the Michael Saylor-founded company's long-running cryptocurrency bet. Investor focus has been on the company's "mNAV" metric, which is its enterprise value relative to its bitcoin holdings, ever since CEO Phong Le's remarks late last year that the company may consider selling bitcoins if the ratio drops below 1. Strategy reported its first bitcoin sale since 2022 in a filing earlier this month, marking a notable shift for the largest corporate holder of bitcoin in the ... (full story)
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From financefeeds.com | 19 hr ago
Strategy’s financing model is facing renewed scrutiny after Zach Pandl, head of research at Grayscale, said he hopes the company will sell at least $3 billion in bitcoin to cover most of its cash obligations for the next 2 years. In a Saturday post on X, Pandl argued that a bitcoin sale could help restore market confidence in the company’s capital ...
From thedailyupside.com | 9 hr ago
Not long ago, spot Bitcoin ETFs were the hottest thing in the fund industry. Those were the days, eh? About $6.4 billion flowed out of the products over the past month, marking the category’s largest 30-day pullback on record. Bitcoin itself has fallen roughly a third this year, now trading under $60,000. Meanwhile, the once-soaring iShares Bitcoin Trust ...
*STRATEGY INC ANNOUNCES DIGITAL CREDIT CAPITAL FRAMEWORK WITH $2.55B USD RESERVE, $1B PREFERRED AND COMMON STOCK BUYBACK PROGRAMS: 8-K *MSTR RAISES STRC DIVIDEND RATE TO 12.00% ANNUALLY; AUTHORIZES UP TO $1.25B BITCOIN MONETIZATION PROGRAM: SEC FILING *COMPANY HOLDS 847,363 BTC… 
Form 8-K: Strategy Inc On June 29, 2026, Strategy Inc (“Strategy” or the “Company”) announced that it has adopted a “Digital Credit Capital Framework”, designed to strengthen the Company’s various series of preferred securities (collectively, “Digital Credit Securities”), enhance liquidity, preserve long-term Bitcoin exposure, and support long-term value creation for the Company’s stockholders. The framework consists of five principal components: • a Board-approved USD Reserve policy; • a revised STRC dividend policy; • a Digital Credit Securities repurchase program; • a class A common stock repurchase program; and • a BTC monetization program. The material terms of these components are sum *STRATEGY:UNDER BTC MONETIZATION, MAY SELL BTC FROM TIME TO TIME
Form 8-K: Strategy Inc On June 29, 2026, Strategy Inc (“Strategy” or the “Company”) announced that it has adopted a “Digital Credit Capital Framework”, designed to strengthen the Company’s various series of preferred securities (collectively, “Digital Credit Securities”), enhance liquidity, preserve long-term Bitcoin exposure, and support long-term value creation for the Company’s stockholders. The framework consists of five principal components: • a Board-approved USD Reserve policy; • a revised STRC dividend policy; • a Digital Credit Securities repurchase program; • a class A common stock repurchase program; and • a BTC monetization program. The material terms of these components are sum *STRATEGY:UNDER BTC MONETIZATION, MAY SELL BTC FROM TIME TO TIME
