Strive to sell another $130M of SATS stock to buy more bitcoin
Strive announced plans to raise $500M through a Series A IPO that would sell 5M shares at $100 each, of the perpetual preferred stock SATS.
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Strive announced plans to raise $500M through a Series A IPO that would sell 5M shares at $100 each, of the perpetual preferred stock SATS.
Read more (2 min) →It costs more than one full-time year’s worth of labor for a US employee to buy one BTC, a work cost unprecedented prior to 2024.
BTC has traded sideways over the past 18 months, but BTC treasury stocks, including the top 20, have traded decisively negatively.
Mark Moss’ Satsuma Technology sold all 669 of its BTC and will return £30.7M after the company crashed 99% from its 2025 peak.
Starcloud, which has received nearly half a billion dollars in funding and a $2B+ valuation, has decided to begin mining BTC in space.
Metaplanet has spent tens of millions of dollars operating a bitcoin treasury company that has an unrealized loss of more than $1 billion.
An influencer staged a $6 million bitcoin short liquidation amidst a crypto bull run before they were exposed as a pretender.
— BTC, Jim Chanos
Jim Chanos has called the ballooning share count at Strategy a "pure arbitrage" opportunity to bet against MSTR while staying long BTC.
From preferring bananas to selling 98% of his bitcoin, Mark Cuban’s crypto track record reads like a cautionary tale.
Michael Saylor’s Strategy has sold 6,948 BTC in 2026, raising $431.8M as part of its BTC monetization program.