Bitcoin-hoarder Strategy unveils $2bn buyback as share price tumbles Financial Times: Markets · 06-30 02:40
$MSTR - STRATEGY REBOUNDS AFTER CAPITAL SHAKE-UP Strategy shares rose 6.5% premarket after unveiling a new capital management framework. The plan includes $2 billion in buybacks, a Bitcoin monetization program, and a higher STRC dividend, helping ease concerns after the company's market value briefly fell below the value of its Bitcoin holdings. *Walter Bloomberg (@DeItaone) / Twitter · 06-29 22:19
$MSTR - STRATEGY LAUNCHES $1.25B BTC PLAN Strategy unveiled a new capital framework, including a $1 billion repurchase program for digital credit securities. The board also approved a Bitcoin monetization program to generate up to $1.25 billion for its USD reserve, which stood at $2.55 billion as of June 28. *Walter Bloomberg (@DeItaone) / Twitter · 06-29 21:02
Strategy’s valuation falls below bitcoin holdings as crypto sentiment sours Stock Market News · 06-29 18:54