Will Strategy Be Forced To Sell Its $50B Bitcoin? Company Shares Game Plan
Strategy, a business intelligence company founded by Michael Saylor, has released new data outlining how its Bitcoin (BTC) position holds up under current market conditions. This disclosure raises the question of whether the company could ever be forced to sell its $54.59 billion in Bitcoin holdings. Its latest internal projections, shared publicly, highlight the firm’s […]
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Bitwise Chief Investment Officer Matt Hougan is pushing back against one of the loudest bearish narratives around bitcoin treasury company Strategy (MSTR, formerly MicroStrategy): that it could be forced into a liquidation of its roughly $60 billion bitcoin stack. In his latest CIO memo, Hougan writes bluntly that “Michael Saylor and Strategy selling bitcoin is […]
Strategy CEO Phong Le has revealed the instance in which his company may be forced to sell its Bitcoin holdings. This comes amid concerns about the MSTR stock crash, which puts the company at risk of seeing its mNAV drop below 1. Strategy CEO Reveals When They Will Sell Bitcoin During an interview on the […]
Michael Saylor, co-founder and chairman of Strategy (formerly Microstrategy), is intensifying efforts to acquire Bitcoin (BTC) by tapping into capital markets, announcing plans to issue up to $21 billion in preferred stock. Strategy Plans Major Sale Of Preferred Shares According to Bloomberg, the new offering will consist of 8% series A perpetual-strike preferred shares, which are convertible into class A common stock. The company plans to sell these shares through an “at the market offering” program, allowing for flexibility in timing and pricing. This approach builds on a previous....
Michael Saylor, the chairman of Strategy (formerly MicroStrategy), the largest corporate Bitcoin (BTC) holding company, is intensifying his multibillion-dollar investment in BTC. In a recent report by Bloomberg, it was revealed that Saylor is increasing the yield on preferred shares, which he has designated as the primary funding source for the company going forward. Investor […]
Bandai Namco, a game development and publishing company, has announced its intention of creating its own metaverse to increase the engagement fans have with the brand. The strategy was announced during the reveal of its new mid-term plan, which outlines the roadmap of the company for the next three years. The company expects to spend 15 billion yen ($130 million) on this project.
Bandai Namco Seeks to Boost Engagement With Metaverse Project
Bandai Namco, one of the leading Japanese game development and publishing companies, is creating its own metaverse. The company announced the....