Artículos Relacionados con MicroStrategy

Saylor Signals Strategy’s Potential 100th Bitcoin Buy as BTC Slips Below $65K

TheNewsCryptoHace 10 hora(s)

Michael Saylor “We Are in a Crypto Winter” as Markets Continue Weakness

Michael Saylor, Executive Chairman of MicroStrategy, has declared a "crypto winter," acknowledging a sustained market downturn. He characterized this as Bitcoin's fifth major correction but described it as potentially "milder" and shorter than previous cycles due to institutional and political support. Despite the downturn, his firm continues to accumulate Bitcoin, purchasing an additional 2,486 BTC for $168.4 million, bringing its total holdings to over 717,000 BTC. Saylor stated the company could withstand a Bitcoin price as low as $8,000. This follows significant market volatility in early February, where over $2.6 billion in leveraged positions were liquidated in a single day. Bitcoin fell 16% intraday on Feb. 6, dropping to around $60,000 before rebounding to approximately $68,000. Other major cryptocurrencies like Ethereum, XRP, and Solana also saw declines of 10-27%. Analysts suggest upcoming developments and institutional activity could influence market momentum in the coming weeks.

TheNewsCrypto02/18 17:19

Could A Bitcoin Price Crash Below $10,000 Wipe Out Strategy? Saylor Shares What To Expect

MicroStrategy, now operating as Strategy, has become a major corporate holder of Bitcoin, though its current BTC investments are in the red. Concerns have been raised about the company's ability to survive a severe market downturn. In response, Michael Saylor shared that the company could withstand a Bitcoin price drop to as low as $8,000—an 88% decline—and still fully cover its $6.0 billion net debt. The firm holds 714,644 BTC, valued at nearly $49 billion at current prices. Even if BTC fell to $8,000, its holdings would still be worth approximately $6.0 billion, matching its debt obligations. Strategy’s that its debt consists of low-interest convertible notes with maturities between 2027 and 2032, not margin loans subject to liquidation calls. This structure allows the company to avoid forced selling during price drops. Despite recent market volatility, Strategy continues to buy Bitcoin, with a recent purchase of 1,142 BTC for $90 million in early February. Saylor reiterated the company’s plan to continue accumulating BTC regularly. While a crash to $10,000 would severely impact equity value, Strategy claims it has structured its finances to endure extreme scenarios.

bitcoinist02/18 06:02

Strategy nears its 99th Bitcoin purchase – Saylor ignores $12.4B loss

Despite a difficult start to the year, MicroStrategy's Executive Chairman Michael Saylor has hinted at the company's 99th Bitcoin purchase, continuing a 12-week buying streak. The company, the largest corporate holder of Bitcoin, recently increased its holdings to 714,644 BTC with a $90 million purchase in February. This accumulation persists even as Bitcoin's price has fallen below the company's average purchase price of $76,000, and the asset posted historic losses in both January and February 2026. Reassuring investors, MicroStrategy stated it could withstand a Bitcoin crash to $8,000 due to its strong balance sheet and staggered debt, despite reporting a massive $12.4 billion loss in Q4 2025 that caused its stock to drop 17%. The company also plans to convert some debt into equity to reduce financial pressure.

ambcrypto02/16 09:02

Michael Saylor: Strategy Has No Liquidation Risk Until Bitcoin Falls to $8,000 — How Is That Possible?

Michael Saylor, executive chairman of MicroStrategy (now Strategy), asserts the company faces no liquidation risk unless Bitcoin's price falls to approximately $8,000. This is due to its strategic use of low-interest, long-dated convertible debt without margin-call triggers, rather than high-leverage loans. As of early 2026, the firm holds 713,502 BTC, valued at around $45.5 billion at a $65,000 Bitcoin price. Saylor frames Bitcoin as a long-term treasury reserve asset, not a speculative trade. The $8,000 threshold represents a theoretical scenario where the value of the company's Bitcoin holdings would equal its net debt, allowing full repayment of liabilities. However, including CEO Phong Le, stated the company would seek refinancing or issue equity before selling any Bitcoin, believing such a severe price drop is improbable. The strategy relies on Bitcoin's long-term appreciation, the company's operational cash flow, and the ability to navigate volatility without forced sales.

ccn.com02/14 09:14

How Michael Saylor turned MSTR into Wall Street’s Bitcoin proxy

Michael Saylor has transformed MicroStrategy (MSTR) from a traditional software company into Wall Street's primary Bitcoin proxy. Unlike stable tech giants, MSTR exhibits extreme volatility, with an open interest ratio of 85.8%—far exceeding peers—indicating traders use it primarily to speculate on Bitcoin. The stock, trading around $134.93 (up 28%), is driven by options activity, with bullish bets concentrated between $125 and $150 and strong support near $100. Saylor reinforces a long-term accumulation strategy, emphasizing his "Orange Dots" philosophy—each representing irreversible Bitcoin purchases. With over 713,000 BTC ($50 billion) held, MSTR remains a key high-risk, high-reward vehicle for Bitcoin exposure, despite reporting a largely paper loss of $17.4 billion in Q4 2025.

ambcrypto02/09 11:02

When the Market Plunges: Who is Selling and Exiting, Who is Buying the Dip Against the Trend

Amid a significant cryptocurrency market downturn, Bitcoin fell over 15% to around $60,000, marking a 40% drop from its October 2025 high and its worst single-day decline since the FTX collapse. Altcoins suffered even steeper losses. The sell-off has been attributed to macro factors, including the new Fed Chair’s policies, AI capital shifts, and geopolitical tensions, alongside speculation about undisclosed institutional failures. Key sellers included Aave’s founder Stani Kulechov, who sold 4,504 ETH, and Ethereum’s Vitalik Buterin, who sold 6,899.5 ETH from a planned donation. Prominent ETH bull Yi Lihua (Trend Research) sold approximately 250,000 ETH ($554 million), citing risk management. On-chain data shows whales offloaded 81,068 BTC in eight days, reducing their holdings to a nine-month low. Conversely, retail investors increased their small BTC holdings, a pattern historically associated with bear markets. Some large players, however, bought the dip. Bitfinex margin long positions hit a two-year high. "Million" (Machi Big Brother) aggressively opened leveraged long positions, though several were liquidated. MicroStrategy reaffirmed its commitment, purchasing more BTC despite a paper loss exceeding $7 billion, with CEO Phong Le stating they would only sell if BTC fell to $8,000 for years. Similarly, Tom Lee’s Bitmine continued buying ETH, despite an over $8 billion unrealized loss, calling the dip attractive. On-chain whales also accumulated ETH, with one new wallet withdrawing 55,483 ETH ($115 million) from WhiteBIT.

比推02/06 14:50

Quarterly Loss of $12.4 Billion: Why Can’t It Stop Strategy from Frantically Buying Bitcoin?

MicroStrategy (now Strategy) reported a staggering net loss of $12.4 billion in Q4 2025, primarily due to the adoption of a new fair value accounting standard that required marking its holdings to market amid Bitcoin’s sharp decline to around $65,000. Despite the loss, the company aggressively expanded its Bitcoin position, purchasing an additional 41,002 BTC in January 2026, bringing its total holdings to 713,502 BTC — approximately 3.4% of Bitcoin’s total supply — with an average cost of $76,052 per coin. The firm’s core software business, though profitable with $123 million in Q4 revenue, was overshadowed by its Bitcoin-centric strategy. Strategy raised over $25.3 billion in capital during 2025, leveraging financial instruments to amplify its Bitcoin exposure. It maintains $2.25 billion in cash reserves to cover dividends and interest for 2.5 years. CEO Phong Le acknowledged risks, stating that if Bitcoin fell to $8,000, the company might need to restructure debt rather than sell BTC. The firm’s "Bitcoin flywheel" model relies on continuous capital raising and BTC appreciation, but compressed mNAV (1.07) and high-yield preferred shares (STRC, 11.25% dividend) reflect market skepticism. A prolonged downturn could trigger a negative feedback loop: falling BTC value → reduced ability to raise capital → potential forced BTC sales. Executive Chairman Michael Saylor emphasized long-term optimism, citing supportive U.S. policy and institutional adoption, while downplaying quantum computing risks as a decade away. Strategy remains a high-risk, high-reward bet on Bitcoin’s future.

比推02/06 14:44

Don't Just Focus on Yi Lihua, These Whales' Moves During the Crash Are More Worth Watching

Amid a sharp crypto market downturn, Bitcoin fell over 15% in 24 hours, dropping below $60,000, while altcoins suffered even steeper losses. Market fear spiked, with the Crypto Fear & Greed Index hitting 9, indicating extreme fear. The article highlights key whale activities during the sell-off. Notable sellers included Aave founder Stani Kulechov, who sold 4,504 ETH, and Ethereum co-founder Vitalik Buterin, who sold 6,899.5 ETH from a planned donation. Prominent ETH bull Yi Lihua (Trend Research) sold approximately 250,000 ETH, citing risk management. Data also showed whales dumped 81,068 BTC in just eight days. On the buying side, despite the panic, some large players accumulated. "Machi Big Brother" aggressively opened leveraged long positions on ETH and other assets, though some were liquidated. MicroStrategy, a major corporate BTC holder, purchased an additional 855 BTC, reaffirming its long-term strategy and stating it would only face real threat if BTC stayed at $8,000 for years. Similarly, Bitmine, led by Tom Lee, continued buying ETH, adding over 60,000 ETH recently despite significant unrealized losses. On-chain whales were also active, with one entity withdrawing 55,483 ETH from an exchange, indicating strong accumulation during the dip. The contrast between panic selling and strategic buying underscores the divided sentiment among large holders during the market turmoil.

Odaily星球日报02/06 10:37

Saylor’s Strategy reports $17.4B loss in Q4 2025 after MSTR’s 80% fall

Michael Saylor's firm, MicroStrategy, reported a massive $17.4 billion operating loss in Q4 2025, primarily as an unrealized loss on its substantial Bitcoin holdings. The company holds 713,502 BTC, purchased at an average price of $76,000, which have declined in value amid a broader crypto market downturn. This caused the value of its stash to drop by $8 billion to $46.2 billion. Consequently, the company's stock, MSTR, plummeted 80% in value from its 2025 peak, falling back to its 2024 price range of $100-$180. This decline has reportedly resulted in significant paper losses for several U.S. pension funds that invested in the stock.

ambcrypto02/06 10:24