20h ago
Strategy outlines path to 1.06M BTC by 2028, with $22.2B funding need
Strategy (formerly MicroStrategy) is pursuing a capital-raising plan to expand its Bitcoin treasury toward 1 million BTC, with an internal slide mapping holdings from 673K in 2025 to 1.06 million by 2028. The firm currently holds 761,068 BTC and would need nearly $540 million in weekly purchases through December 2026, implying about $22.2 billion in additional capital. Bitcoin was priced at $80,473, up 8.9% over 30 days and 1.0% over 7 days at the time referenced.
BTC
BTC-2.28%
20h ago
1d ago
Bitcoin slips under $80,000 as Coinbase Premium Gap turns negative
Bitcoin dropped below $80,000 after failing to hold recovery moves above $82,000 seen on Sunday and Monday, and the selloff accelerated on Wednesday with a brief dip under $79,000. The price later hovered around $79,600, roughly 3.3% below the Sunday high. The pullback coincided with the Bitcoin Coinbase Premium Gap moving into negative territory, pointing to relatively heavier selling pressure on Coinbase.
BTC
BTC-2.28%
1d ago
1d ago
Strive reports 15,009 Bitcoin and no outstanding debt after Semler merger
Strive Inc. (Nasdaq: ASST) said its bitcoin holdings rose to 15,009 BTC as of May 12, after additional purchases and the Semler Scientific merger, and it reported having no short- or long-term debt outstanding. In an SEC filing dated May 14, the company reported $929.4 million of digital assets as of March 31, quarterly revenue of $2.76 million, and a net loss of $265.9 million driven largely by fair-value unrealized losses on digital assets.
BTC
BTC-2.28%
1d ago