Evernorth Holdings could raise approximately $80 million through a new equity financing agreement with Cantor Fitzgerald to expand its XRP treasury. The Ripple-backed company entered into a stock purchase agreement…
Saylors
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Crypto Currency
Michael Saylor’s $13,400 Bitcoin floor exposes the exact order of losses inside Strategy’s debt stack
Strategy, the Bitcoin treasury company, is marketing a roughly $13,400 “BTC Floor” for STRC, its variable-rate cumulative perpetual preferred stock. With Bitcoin near $78,000, the label sounds like a vast…
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Investment
Strategy Opens the Door to Selling Bitcoin: $1.25B Framework Ends Saylor’s ‘Never Sell’ Era
A new SEC filing authorizes Strategy to sell Bitcoin to fund its reserve and buybacks, formalizing a shift away from Michael Saylor’s longstanding never-sell stance. Investorideas.com (www.investorideas.com newswire) a trusted…
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Strategy, the business intelligence firm that has become the largest corporate holder of Bitcoin, added 1,142 BTC to its reserves over the past week, bringing total holdings to 714,644 BTC…
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Crypto Currency
Saylor’s Strategy Buys Over $2 Billion Worth of BTC Despite Growing Geopolitical Tension
Saylor hinted about this purchase on Sunday. Given the fact that Monday was an official holiday in the US (MLK Day), Strategy’s Michael Saylor had to wait until today…
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The world’s largest corporate holder of bitcoin seems unfazed by the ongoing macroeconomic uncertainty prompted by the global Trade War and has continued with its BTC accumulation. In the latest…
