The acquisition was funded through proceeds from the company's recent stock offerings. As detailed in the filing with the Securities and Exchange Commission (SEC), Strategy raised roughly $1.4 billion by selling around 4.02 million shares of its Class A common stock (MSTR) and an additional 435,069 shares of its 8.00% Series A preferred stock (STRK) during the same period.
The idea of integrating crypto mining into Pakistan’s energy framework has gained traction following a recent meeting between Power Minister Awais Leghari and Bilal Bin Saqib, CEO of the newly formed Pakistan Crypto Council (PCC).
The move comes as Strategy continues to aggressively accumulate Bitcoin. On Monday, the firm disclosed the purchase of approximately $10.7 million worth of Bitcoin, bringing its total holdings to an estimated $41.4 billion.
The downturn coincided with a weak start for U.S. equity markets. The Nasdaq opened the week with a sharp 3% drop, while the S&P 500 declined by 2%, reflecting growing concerns over macroeconomic instability.
The White House will host its first-ever Crypto Summit on Friday, March 7, an event expected to shape the future of cryptocurrency policy in the United States. The summit is
A key factor contributing to the market's turnaround appears to be a policy shift from the White House. U.S. President Donald Trump is set to host a crypto summit on March 7, bringing together industry leaders, investors, and members of the President's Working Group on Digital Assets.
Among the affected ETFs, Fidelity’s FBTC recorded the largest outflow, with investors withdrawing $344 million. BlackRock’s IBIT followed with $164 million in outflows, while Grayscale’s GBTC saw a net outflow of $66 million.
The market’s volatility has been fueled by a mix of bearish sentiment, macroeconomic pressure, and shifting investor strategies, painting a complex picture for the months ahead.
MicroStrategy, the business intelligence firm turned Bitcoin treasury company, has temporarily halted its Bitcoin acquisitions after a 12-week streak of continuous purchases. The company’s co-founder and chairman, Michael Saylor, announced
The move is seen as a strategy to reduce the company’s debt burden while encouraging noteholders to convert their holdings into equity. Noteholders have until February 24 to either redeem their securities at face value or opt for the conversion.
