MSTR Stock Slumps To Two-Year Low As Analysts Urge Michael Saylor To Pause Buying Bitcoin
The slide deepened a steep drawdown for the stock, which crypto key opinion leader Ted Pillows said had fallen roughly 81% from its peak, erasing about $153 billion in market value.
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Michael Saylor's Strategy Cuts Weekly Bitcoin Purchases By Two-Thirds — Builds $1.4B Liquidity Cushion
On-chain analyst Axel Adler Jr said STRC preferred shares traded far below their $100 par value, eroding the Saylor bid, as Strategy’s “financing machine has started to creak.”
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Arthur Hayes Says Michael Saylor Is Pulling 'Jedi Mind Tricks' On Whether Strategy Will Sell More Bitcoin
Strategy sold 32 BTC for roughly $2.5 million in late May, its first standalone Bitcoin sale since 2022.
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Michael Saylor Explains What Makes A Bitcoin Treasury Company Outperform BTC
Saylor said a well-capitalized Bitcoin treasury company should outperform Bitcoin itself if Bitcoin's annualized rate of return exceeds the company's cost of capital.
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Strategy's Road To 1 Million Bitcoin Could Be Shorter Than You Think, MSTR Analyst Says
A rising Bitcoin price would speed up Strategy's accumulation, not slow it, Flaum said, calling the dynamic counterintuitive.
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Strategy Buys 1,550 Bitcoin — Nearly 50 Times The BTC It Sold Last Week
Bitcoin critic Peter Schiff accused Strategy of omitting the purchase's dilutive effect on common stockholders and declaring "the game is over."