Browsing: Strategy

Strategy added 267 Bitcoin to its holdings as it bought back 1.94 million STRC shares and boosted its preferred stock buyback program to $3 billion.

Omkar Godbole is a Co-Managing Editor and analyst on CoinDesk’s Markets team. He has been covering crypto options and futures, as well as macro and cross-asset activity, since 2019, leveraging his prior experience in directional and non-directional derivative strategies at brokerage firms. His extensive background also encompasses the FX markets, having served as a fundamental…

Investors will have to wait an extra day to find out if and how much Strategy added to its Bitcoin treasury in the first week of October.

Bitcoin Magazine Japanese Bitcoin Treasury Metaplanet Sold BTC Last Quarter To Demonstrate Liquidity

Strategy has updated the securities paperwork behind its capital-raising machine, keeping at-the-market financing capacity available as the company continues to operate around a Bitcoin-heavy balance sheet.

Castle has opened its automated financial platform to individual users, allowing customers to convert any portion of the 12% annual dividend paid by Strategy’s STRC preferred stock into Bitcoin. Castle users can receive STRC dividends in cash, Bitcoin, or a combination of both. STRC carries a 12% variable annual dividend rate for September record dates.…