Source: CryptoSlate ↗
After $8.2B loss forced Bitcoin sales, Michael Saylor gives Strategy to September to repair broken dividend engine
What the source reports
Michael Saylor’s Strategy (formerly MicroStrategy) is targeting a September recovery for its STRC preferred stock as the company seeks to revive the financing channel behind its goal of doubling Bitcoin per MSTR share within seven years. The plan follows a second quarter that demonstrated Strategy’s growing exposure to Bitcoin’s price swings. The company reported an […]The postAfter $8.2B loss for...
Read the original report on CryptoSlate ↗Live market context
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
Related news
Open news desk →Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
Bitcoin muted below $64k with Fed uncertainty, Iran tensions in focus
Morning Minute: Coinbase Posts Surprise Loss as Crypto Trading Dries Up
Plus, BTC is red this morning despite $233M in ETF inflows yesterday; and NY State is trying to shut down Kalshi and seeking $36B in damages