Bitcoin bulls Michael Saylor, Adam Back slam BIP-110 Ordinals proposal
The ongoing debate comes despite a broad downturn in Ordinals transaction activity over the last two years. Source:Cointelegraph
Strategy is losing a lot of money on bitcoin. Here’s why it’s selling anyway.
Strategy sold more than 3,000 bitcoins to raise cash to pay dividends on its preferred stock — something Executive Chair Michael Saylor had previously said it…
Michael Saylor's Strategy dramatically ups pace of bitcoin sales, raising $216 million
The company sold 3,588 bitcoin last week to replenish its dollar reserves for dividends on its preferred stock. Source:CoinDesk
Strategy unveils capital framework to preserve Bitcoin exposure, pay dividends
Michael Saylor’s Strategy unveiled a capital framework allowing Bitcoin sales to fund dividends, a $2.55 billion reserve and buybacks while raising STRC payout…
Michael Saylor teases more bitcoin buying even as Strategy stock continues to fall
The crypto bull shrugged off market skepticism by sharing a chart of the company's $50 billion stash and teasing that they are going to need more data points.…
Strategy's valuation has fallen below the value of its bitcoin holdings
For years, investors had valued the firm well above its bitcoin holdings, giving Strategy massive flexibility to raise capital as needed — a situation Michael…