Best Crypto to Buy as Strategy’s Q1 Financial Results Validate the Bitcoin Bet
Michael Saylor is rapidly becoming the patron saint of Bitcoin maximalist, proving all the naysayers wrong. He was an early promoter of the Bitcoin reserve approach, which argues that the best crypto to buy is always the first one; and that companies should raise funds to purchase as much $BTC as possible. That strategy is […]
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Bitcoin (BTC) is likely to benefit from the inclusion of Strategy (MSTR) – formerly MicroStrategy – in the S&P 500 Index following one of its strongest quarterly results. To recall, Strategy is the world’s leading Bitcoin treasury firm, holding more than three percent of BTC’s total supply. Strategy’s Inclusion In S&P 500 Bullish For Bitcoin […]
Strategy’s BTC holdings could be at risk following Technical expert Tony Severino’s revelation about Bitcoin’s current price action. The expert noted that the flagship crypto’s 200-day MA is below the average cost of the company’s BTC holdings, meaning they could still hold an unrealized loss at some point. Strategy’s Stock At Risk With Bitcoin’s 200-Day […]
Strategy’s $40 billion Bet on Bitcoin has become the subject of a class action lawsuit. The plaintiffs accuse the company’s executives of making misleading statements. This comes amid the firm’s latest purchase of 7,390 BTC. Strategy Faces Lawsuit Over Bitcoin Bet According to Strategy’s filing with the SEC, the plaintiffs filed a class action lawsuit […]
Michael Saylor defended Strategy’s Bitcoin-backed credit model after critics argued that the company’s STRC dividend structure resembled a Ponzi scheme, saying the business is built around monetizing Bitcoin capital gains rather than relying on perpetual equity issuance. Speaking in an interview shared via X on May 9, Saylor addressed the market reaction to Strategy’s recent […]
Strategy’s Phong Le pushed back against the idea that the company’s Bitcoin identity can be separated from its legacy software business, arguing that the two sides now reinforce each other operationally, financially, and culturally. In a post on X, Le said Strategy’s success is “rooted in more than Bitcoin on our balance sheet,” framing the […]