Michael Saylor missed out on a $33 billion profit at Strategy
Michael Saylor’s Strategy had a golden opportunity to profit $33B just four months ago. Instead, it’s lost billions.
Bitcoin24h
$62,681.74-2.22%
Ethereum24h
$1,692.93-2.55%
BNB24h
$573.73-2.49%
XRP24h
$1.13-3.76%
Solana24h
$68.44-4.05%
TRON24h
$0.3201-0.09%
Hyperliquid24h
$67.34-5.77%
Dogecoin24h
$0.0825-2.54%
UNUS SED LEO24h
$9.59-1.16%
Zcash24h
$449.79-3.77%
Bitcoin fell below Strategy average buy price overnight
The price of BTC fell below $74,600 last night which was less than Strategy’s average buy price of $76,052.
Strategy market cap down 40% after pivot from bonds to preferreds
Strategy preferreds were supposed to fix the problems with bonds, such as principal repayment, but instead they brought a raft of new issues.
Strategy manager wrong about BTC backing STRC
The manager mistakenly claimed that Strategy’s BTC collateralizes shares of its stock, even though it doesn’t.
Strategy director Carl Rickertsen is buying MSTR after years of selling
Carl Rickertsen, on the board of directors for Strategy, has filed his first insider purchase of MSTR in over three years.
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XRP Ledger generated less than $400 in fees yesterday—by Protos Staff
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HTX moved $1.3 billion from reserves to undisclosed ‘ThirdParty’—by Protos Staff
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One laptop: How poor security ruined Humanity Protocol—by Protos Staff
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La Liga club Osasuna reportedly used Kalshi to hedge relegation risk—by Protos Staff
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Bounty-chasing Pump Fun users are tattooing crypto tickers on their faces—by Protos Staff
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Blackstone gates withdrawals as crypto and private credit slide—by Protos Staff
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STRC tumbles as DeFi copies lose their peg—by Protos Staff
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Jim Chanos was right about Strategy — just not patient enough—by Protos Staff
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Twenty One has four days to fix NYSE non-compliance—by Protos Staff
