Strategy sold $5.4B of new stock last quarter but spent just $588M of it on BTC, per its own 10-Q.
The post Strategy raises $5.4B but barely buys bitcoin appeared first on Protos.
This is the summary Protos publishes in its feed. The full article lives on their site.
HIVE’s mining revenue fell 7.4% despite higher production, while its AI hosting business grew 71%.
MARA posted a $634.4 million Q3 net profit, then sold 13,597 BTC to repay $750 million in loans as it pivots to AI.
The miner announced a new $500 million stock buyback authorization as two planned data center leases face a possible delay into 2027.
Bitcoin Magazine Amundi Boosts Strategy (MSTR) Stake 44% to $291 Million as Shares Slide Europe's largest asset manager raised its Strategy holding to 1.9 million shares in the third...
Bitcoin Magazine Elizabeth Warren Plans Prediction Market Crackdown as She Prepares to Chair Senate Banking A Warren banking aide says the incoming Senate Banking chair will target...
U.S. stocks rallied as oil fell, but Bitcoin hovered near $75,000 after a wave of liquidations, with Tuesday’s inflation report set to test bets on a December Fed rate hike.
