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#MicroStrategy

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Strategy Pays $100M Premium to Repurchase Bitcoin It Previously Sold
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Strategy Pays $100M Premium to Repurchase Bitcoin It Previously Sold

Key Highlights Strategy (formerly MicroStrategy) incurred a $100.2 million opportunity cost after selling 6,948 BTC at an average of $62,150 in summer 2024 and repurchasing 5,553 BTC at an average of $80,207 this autumn. The company’s founder Michael Saylor and CEO Phong Le stated the sales were executed for “messaging purposes” to “inoculate the market” ...

‘The orange tie stays’: Michael Saylor responds to venture capitalist’s bitcoin obituary
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‘The orange tie stays’: Michael Saylor responds to venture capitalist’s bitcoin obituary

Key Highlights Jason Calacanis declares Bitcoin “boring” as it returns to $80,000, criticizing its transaction utility, user experience, and cultural relevance. Michael Saylor counters that Bitcoin has become a $1.6 trillion “Digital Capital” asset focused on generational wealth preservation. The exchange highlights a fundamental divide between critics seeking utility and adoption metrics versus proponents viewing ...

Strategy Copycat Satsuma Crashes 99%, Liquidates Treasury
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Strategy Copycat Satsuma Crashes 99%, Liquidates Treasury

Satsuma Technology Collapses 99% After Bitcoin Treasury Strategy Fails British bitcoin treasury company Satsuma Technology has crashed 99% from its 2025 peak, liquidated its entire bitcoin holdings, and suspended trading as it faces delisting proceedings. The firm, which raised Β£168.9 million ($227.6 million) from noteholders during the height of the 2025 bitcoin treasury boom, sold ...