Latest news with #BitcoinTreasury
Yahoo
4 days ago
- Business
- Yahoo
Michael Saylor's Latest Bitcoin Buy Is Strategy's Smallest in Months
Bitcoin treasury company Strategy announced another crypto buy on Monday, bringing the behemoth's total holdings to 628,946 BTC—or over $75.5 billion in digital coins at the current price. The Tysons Corner, Virginia-based firm announced that over the last week it bought 155 BTC for $18 million—a relatively small buy compared to previous purchases. The company has spent over $2 billion on Bitcoin in some past buys, including its last purchase on July 29, when it acquired 21,021 BTC at a price of nearly $2.5 billion. But the latest purchase, announced on the five-year anniversary of the company's first Bitcoin buy, was the smallest since March, when the company spent just $10.7 million on the asset. That purchase remains its lowest so far in 2025. Strategy—formerly MicroStrategy—started buying Bitcoin in August 2020 as a way to get better returns for its shareholders as inflation rocked the U.S. and world economies during the COVID-19 pandemic. It is now the largest corporate holder of the asset and mostly works now to securitize Bitcoin: Its business model works so that investors can buy its shares to get exposure to the leading cryptocurrency. The company issues debt to fund its purchases, and since Strategy first bought Bitcoin exactly five years ago, its stock (Nasdaq: MSTR) has rocketed up by over 2,700%. MSTR was recently trading at $411 per share, while Bitcoin hit a price of $120,095 per coin on Monday morning New York time, according to CoinGecko data. Bitcoin Price Closes in on All-Time High as Traders Await Key Inflation Data The largest cryptocurrency by market cap is up 27% year-to-date. Its all-time high stands at $122,838. MSTR's record stock price stands at nearly $499 per share, from last November. A number of smaller publicly traded companies have adopted the Bitcoin treasury plan. But some experts have warned that the crypto play can't help every company, and is inherently risky. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
5 days ago
- Business
- Business Wire
Belgravia Hartford Adds Tim Kotzman, as Strategic Advisor; Announces Progress on Belgravia's Multi-Protocol Mining Pool and Listing on the OTCQB
TORONTO--(BUSINESS WIRE)--Belgravia Hartford Capital Inc. (CSE: BLGV) (OTCQB:BLGVF) (FRA: ECA) (' Belgravia ' or the ' Company ') is pleased to provide a corporate update on a series of positive developments related to the Company. Belgravia listed on OTCQB, adds Tim Kotzman and progress on multi-protocol mining pool. Belgravia is very pleased to announce the engagement of Bitcoin thought-leader, Tim Kotzman as a strategic advisor to the Bitcoin Treasury team. Mr. Kotzman is the Creator and Host of The Bitcoin Treasuries Podcast and Conference Series, a prominent platform at the intersection of corporate finance and digital assets. Through in-depth interviews and curated content, the podcast has become a trusted resource for executives, institutional investors, and policymakers seeking to understand the evolving role of Bitcoin on corporate balance sheets. Additionally, Mr. Kotzman's most recent Bitcoin Treasuries Digital Conference was live-streamed to over 168,000 viewers globally. Mehdi Azodi, CEO of Belgravia, stated: 'It's a big win given Tim's caliber, experience and following to join our company. This is a market shift for Belgravia and our shareholders. Tim is a well-respected leader in the industry, and we are delighted to have him join the Bitcoin Treasury team.' Multi-Protocol Mining Pool — Stratum V1, Bitcoin Knots, DATUM Belgravia is pleased to also announce that it is now, to our knowledge, the first public company to operate a mining pool that simultaneously supports: Port 3333 — Stratum V1: Familiar, easy-to-use, pool-coordinated mining. Port 3334 — Bitcoin Knots: Miner-controlled policies for greater autonomy. Port 3335 — DATUM: Maximum decentralization with miner-built block templates and direct Coinbase Global, Inc. payouts. Matt Aiyash, technical advisor to Belgravia, explains why it matters: 'For miners: choose your decentralization level from plug-and-play to full sovereignty. For Bitcoin: more miners constructing their own blocks means greater censorship resistance and resilience. For Belgravia shareholders: a share of fees from all protocols flows to the treasury, creating an operating active business that provides revenue as well as increased and compounding Bitcoin reserves of the Company.' Listing to OTCQB Belgravia is very pleased to announce that it's been successfully listed on the OTCQB Markets (' OTCQB ') effective August 12, 2025. Belgravia will trade on the OTCQB under the symbol 'BLGVF' and will continue to trade on the Canadian Securities Exchange under the ticker symbol 'BLGV'. Listing was achieved following a successful application and approval process to verify that Belgravia meets OTCQB listing qualifications. Mehdi Azodi noted: 'Listing on the OTCQB represents a key milestone for Belgravia, showcases our growth and increasing accessibility to U.S. investors. It also delivers increased marketability and greater trading platforms to current Belgravia shareholders." The OTCQB, operated by OTC Markets Group, is recognized by the U.S. Securities and Exchange Commission as a reputable public market for early stage and developing U.S. and international companies. The OTCQB offers investors essential data to evaluate, value, and trade securities. Belgravia's inclusion in the OTC Markets Group is expected to support the expansion and diversification of its U.S. shareholder base. About Belgravia Hartford
Globe and Mail
07-08-2025
- Business
- Globe and Mail
Microstrategy's Earnings Call: Positive Outlook Amid Challenges
Microstrategy ((MSTR)) has held its Q2 earnings call. Read on for the main highlights of the call. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Microstrategy's Earnings Call: A Positive Outlook Amid Challenges The recent earnings call from Microstrategy painted a picture of robust financial performance and strategic progress, despite some underlying challenges. The company showcased significant achievements in Bitcoin holdings, market capitalization growth, and the introduction of innovative financial products. While potential market risks and regulatory uncertainties were acknowledged, the overall sentiment remained positive, driven by strong financial results and strategic advancements. Record Bitcoin Holdings Microstrategy has solidified its position as a dominant player in the Bitcoin Treasury Company space, with a record holding of 628,791 Bitcoin. This accounts for 3% of all Bitcoin ever to exist, underscoring the company's aggressive strategy in cryptocurrency accumulation. Market Capitalization Milestone The company reached a significant milestone with its market capitalization surpassing $112 billion, making it the 96th largest public company in the United States. This achievement highlights Microstrategy's growing influence and stature in the financial markets. Significant Capital Raising In a remarkable financial feat, Microstrategy raised $18.3 billion in capital year-to-date, which is 81% of the total capital raised in the previous year, achieved in just seven months. This capital influx is expected to fuel further strategic investments and growth. Record EPS and Net Income Microstrategy reported a record EPS of $32.60 per share for Q2, alongside $14 billion in GAAP operating income and $10 billion in net income. These figures represent the highest in the company's history, reflecting strong operational performance. Introduction of Bitcoin Per Share (BPS) Metric The company introduced a new metric, Bitcoin Per Share (BPS), with a year-to-date figure of 39,716 Satoshis as of July 31. This metric is close to 60% of what was achieved last year, highlighting the company's strategy to consistently accumulate more Bitcoin per share. BTC Yield and Gain Microstrategy achieved a BTC Yield of 25% year-to-date and a BTC Gain of 111,894 Bitcoin. These metrics demonstrate the company's effective management and strategic use of its Bitcoin holdings. Successful Adoption of Fair Value Accounting The adoption of FASB's fair value accounting rule added $17.9 billion to the Bitcoin balance sheet and increased stockholders' equity by $12.7 billion. This move reflects Microstrategy's commitment to transparency and accurate financial reporting. Innovative Financial Products Microstrategy launched several innovative financial products, including STRF, STRK, STRD, and STRC, with STRC being the largest IPO in the U.S. this year. These products are expected to enhance the company's market offerings and drive future growth. Potential Market Risks The earnings call addressed concerns about the concentration of Bitcoin holdings at a single corporation, which could impede adoption. Additionally, the risk factors associated with Bitcoin price fluctuations were highlighted as potential challenges. Regulatory Uncertainty Microstrategy emphasized the need for more clarity on digital assets taxonomy and regulation to fully realize the potential of the crypto industry. Regulatory uncertainty remains a significant hurdle for the company's strategic ambitions. Volatility and Market Perception Despite its strong performance, Microstrategy is perceived as undervalued and misunderstood in the market, with a low P/E multiple compared to peers. This perception challenges the company's market valuation and investor sentiment. Forward-Looking Guidance Looking ahead, Microstrategy has set ambitious targets, including achieving a BTC Yield percentage of 30% and a BTC $ Gain of $20 billion by the end of the year. The company anticipates a GAAP operating income of $34 billion, net income of $24 billion, and an EPS of $80, assuming a Bitcoin price of $150,000. The capital plan involves transitioning from convertible bonds to preferred equity, aiming to increase leverage responsibly while maintaining robust collateral coverage. In summary, Microstrategy's earnings call reflects a positive outlook driven by record financial performance and strategic initiatives. Despite challenges such as market risks and regulatory uncertainties, the company's achievements in Bitcoin holdings, market capitalization, and innovative product offerings underscore its potential for future growth and success.
Associated Press
06-08-2025
- Business
- Associated Press
Nakiki SE: Nakiki SE Declines to Finance the Inheritance Dispute; Construction Lawsuit Financed Externally
FRANKFURT, DE / ACCESS Newswire / August 6, 2025 / Nakiki SE (ISIN: DE000WNDL300) announces that it will not proceed with financing the previously reviewed inheritance dispute. The company remains fully committed to its Bitcoin Treasury strategy. Meanwhile, the construction lawsuit initially considered for funding has been financed externally and is therefore no longer under Nakiki SE's purview. SOURCE: Nakiki SE press release
Yahoo
04-08-2025
- Business
- Yahoo
Strategy Incorporated (MSTR) Raises $2.5B in IPO, Acquires 21,021 Bitcoins
Strategy Incorporated (NASDAQ:MSTR) is one of the best performing crypto stocks so far in 2025. On July 29, Strategy announced it had raised $2.521 billion through an IPO by selling over 28 million shares of its preferred stock at $90 each. The company used most of the money—about $2.474 billion—to buy 21,021 Bitcoins at an average price of $117,256 each. This was the biggest U.S. IPO of 2025 and the largest offering of its kind since 2009. Due to strong interest from investors, the offering was increased from its original target of $500 million. The stock began trading on the Nasdaq Global Select Market on July 30; it will be listed under the ticker symbol 'STRC.' Strategy's acquisition of additional Bitcoin brings the total holdings to 628,791 BTC as of July 29, 2025. This brings the aggregate acquisition cost to around $46.8 billion, with an average purchase price of $73,227 per token, inclusive of fees and expenses. Strategy Incorporated (NASDAQ:MSTR) is a bitcoin treasury and software company. It holds the largest corporate bitcoin reserve globally, with over 628,000 BTC acquired through equity offerings, debt instruments, and operational cash flows. The company's primary business model centers on accumulating bitcoin as a long-term store of value and offering investors exposure through various securities. While we acknowledge the potential of MSTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Alternative Meat Stocks to Invest In According to Analysts and Top 10 AI Stocks With Huge Upside Potential. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
