Analytics and business intelligence company (Nasdaq: MSTR)
Strategy (Nasdaq: MSTR) is an independent, publicly-traded analytics and business intelligence company. It follows two corporate strategies: (1) to grow its enterprise analytics software business to realize the vision of Intelligence Everywhere, and (2) to acquire and hold Bitcoin, which it sees as a reliable store of value, backed by a robust, public, open-source architecture, independent of sovereign monetary policy.
According to Cointelegraph, Saifedean Ammous, author of The Bitcoin Standard, stated that other treasury companies focused on buying Bitcoin as their core business may struggle to compete with Strategy, noting there is currently no sufficient reason to choose alternative Bitcoin treasury firms over Strategy. Ammous pointed out that Strategy's larger Bitcoin holdings enable it to secure financing at a lower cost, and the company maintains approximately $5.02 billion in cash reserves, which can be used to pay preferred stock dividends and interest on its debt, providing a financial buffer even if Bitcoin experiences a sharper drawdown. However, he also emphasized that investing in Strategy still entails risks, and personally favors holding Bitcoin directly.
Michael Saylor posted on X platform stating that Strategy and Strive conduct business based on the shared capital foundation of Bitcoin. Although the two parties differ in securities products, decisions, and target audiences, they can compete while jointly expanding long-term opportunities. He believes that more well-managed Bitcoin-backed digital credit issuers can help enhance investor awareness, liquidity, and institutional research coverage for this category, and may improve the financing environment for eligible issuers. Saylor also mentioned that Strive disclosed the purchase of $50 million worth of STRC on March 11, 2026.
Michael Saylor stated that as AI changes how businesses are built, digital tokens can help 10 million new companies raise capital and reduce fundraising costs and delays. He advocates simplifying issuance rules while preserving disclosure and anti-fraud protections.Michael Saylor is the Executive Chairman of Bitcoin treasury company Strategy Inc. He proposed that companies could issue tokens with rules tailored to the type of issuance, and set disclosure requirements matched to risk, thereby reducing legal costs while preserving ownership protections and fraud accountability.The U.S. Securities and Exchange Commission (SEC) has separately proposed cryptocurrency issuance exemptions, one of which would allow eligible issuers to raise up to $5 million within four years, and another that would allow up to $75 million every 12 months; both remain proposals and come with disclosure and anti-fraud requirements. (Bitcoin.com News)
Odaily News — Strategy is using large-scale buybacks to push the price of its perpetual preferred stock STRC back toward its $100 par value, in a bid to restore its Bitcoin financing capacity. Between July 20 and September 13, Strategy repurchased a total of 9.96 million STRC shares for approximately $950 million, accounting for about 18% of the trading volume during the same period. Of that, roughly $765 million can be traced to sales of MSTR common stock, while another approximately $161 million came from Bitcoin reductions.STRC had previously fallen to around $70, and has recently rebounded to as high as about $99. Analysts believe that only when STRC's price approaches or climbs above its $100 par value can Strategy effectively reissue the security and use the proceeds to purchase Bitcoin. However, after Strategy pulls back and reduces its buybacks, whether STRC can continue to hold near par value remains uncertain. (Bloomberg)
Odaily News: The UK House of Lords passed an amendment by a vote of 194 to 138, requiring the Treasury to formulate, publish, and consult on a national digital asset strategy within 12 months after the Financial Services and Markets Act takes effect.The strategy must cover crypto assets, qualifying stablecoins, central bank digital currencies, tokenized securities, and other digital financial assets, and review the availability of banking, payment, and settlement services, as well as the risks to competition and innovation posed by the withdrawal of related services.The bill still needs to undergo a third reading in the House of Lords on September 15, and will then be submitted to the House of Commons for consideration. The UK Financial Conduct Authority (FCA) completed the formulation of rules and guidance for the new crypto asset regulatory regime on June 30. The authorization application channel is planned to open on September 30, 2026, and the regime will take effect on October 25, 2027. (Bitcoin.com News)
Odaily News: Amid pressure from AI giants calling for a slowdown, sticky inflation, and the looming threat of rate hikes, US stocks plunged across the board on Monday, with the Philadelphia Semiconductor Index plummeting nearly 6%. Yet JPMorgan reaffirmed its bullish stance against the tide, warning that blind pessimism can easily lead to missing out on gains.Mislav Matejka, JPMorgan's Head of Global and European Equity Strategy, also once again issued a warning to aggressively bearish investors: while surging oil prices do suppress valuations, blindly betting against US stocks is extremely dangerous before the overall earnings expansion of American companies has been disproven. Once US President Trump subsequently attempts to cool tensions in the Middle East through diplomacy, or if third-quarter earnings exceed expectations, the forces of excessive shorting may face a fierce backlash from returning capital.On this basis, JPMorgan as early as August had already raised its year-end target for the S&P 500 Index from 7,800 points to 8,000 points against the tide, and expects earnings per share of its constituent stocks to surge 29% year-over-year to $350.
Peter Schiff (@PeterSchiff) posted that Bitcoin rallied significantly yesterday, driven by Strategy's latest round of Bitcoin purchases and subsequent bullish remarks from Michael Saylor, who claimed that the Clarity Act's failure to pass into law is actually a net positive for Bitcoin. In response, Schiff sarcastically noted that Saylor would offer a similarly bullish interpretation regardless of whether the bill succeeded, questioning the obvious "self-serving" motives behind his comments.
Strategy founder Michael Saylor (@saylor) stated that the SEC's newly issued innovation exemption order is highly significant—allowing U.S. investors to trade tokenized $MSTR and $STRC 24/7 on-chain through compliant channels, breaking the time limitations of traditional capital markets, and marking an important milestone in the development of the digital credit sector and U.S. capital markets.
According to Crypto Pulse Research, Bernstein's September 16, 2026, research report states that the procedural vote on the CLARITY Act has failed, and there should be no hope for a revote. Stablecoins, governed by the GENIUS Act, remain unaffected, while Circle’s ARC chain launched that same day. Robinhood's daily on-chain gross revenue is approximately $1 million. The bank recommends buying the recent weakness in crypto equities, favoring Robinhood (HOOD), Circle (CRCL), and Figure (FIGR), with target prices set at $160, $140, and $70, respectively. It sets a $330 price target for Coinbase, $350 for Strategy, and $24 for Sharplink. Bernstein believes that following legislative failure, regulatory clarity will pivot toward rulemaking by the CFTC and SEC. This rulemaking process will be aggressive and rapid, making product rollout schedules more predictable. Advancement of stablecoins, tokenization, perpetual futures, and prediction market-related products will continue, with crypto stock pullbacks offering buying opportunities.
According to Bitfinex Alpha, Bitcoin broke below the key support level of $77,100 on September 15, closing at $75,702 with a daily decline of 3.2%, marking its third consecutive closing lower after breaking through the recent range bottom. On that day, US spot Bitcoin ETFs recorded a net outflow of $450.4 million, with Fidelity FBTC seeing an outflow of $214.8 million and BlackRock IBIT recording an outflow of $161.7 million, accounting for 84% of total outflows. This marks the 14th-largest single-day net outflow in 2026. The downturn was driven by multiple factors: the failure of the CLARITY Act to advance, the 10-year US Treasury yield rising to 5% (for the first time since 2023), accelerated selling by short-term holders (exchange inflows surged sharply from 19,400 BTC to 33,100 BTC, of which 23,200 BTC were acquired at a loss), and foreign demand dropping to a historic low during the 20-year US Treasury auction. From a technical standpoint, BTC has fallen below the market average value of $76,500 and Strategy's average holding price of $75,412, leaving the average holder currently underwater. If the downtrend continues, key support levels below are $73,500 (cost basis for 3-6 month holders) and $71,300 (realized price for short-term holders). A rebound requires reclaiming $77,100 backed by significant spot trading volume.
Odaily News: The UK House of Lords passed an amendment by a vote of 194 to 138, requiring the Treasury to formulate, publish, and consult on a national digital asset strategy within 12 months after the Financial Services and Markets Act takes effect.The strategy must cover crypto assets, qualifying stablecoins, central bank digital currencies, tokenized securities, and other digital financial assets, and review the availability of banking, payment, and settlement services, as well as the risks to competition and innovation posed by the withdrawal of related services.The bill still needs to undergo a third reading in the House of Lords on September 15, and will then be submitted to the House of Commons for consideration. The UK Financial Conduct Authority (FCA) completed the formulation of rules and guidance for the new crypto asset regulatory regime on June 30. The authorization application channel is planned to open on September 30, 2026, and the regime will take effect on October 25, 2027. (Bitcoin.com News)
According to Cointelegraph, Bitfinex Securities has announced the launch of five tokenized notes tracking the equity performance of Strategy, Metaplanet, Swedish H100 Group, French Capital B, as well as Strategy's variable-rate perpetual preferred shares, STRC. The notes are issued through the Luxembourg-based ORO II fund, backed by underlying securities held in custody by regulated financial institutions, but do not grant investors direct ownership of the corresponding company shares. The products support trading priced in USD, USDT, and BTC, with a minimum investment of approximately $1, and are exclusively available to qualified non-U.S. investors. Bitfinex Securities stated that this marks the first time such products have been traded on the secondary market within a regulated tokenized securities exchange, with the total value of listed assets on the platform now exceeding $500 million.
On-chain analyst Ember (@EmberCN) reported that two major crypto treasury companies completed another round of acquisitions last week: Bitcoin treasury company Strategy purchased 334 BTC at an average price of $85,839 (approximately $28.67 million), bringing its cumulative holdings to 848,000 BTC (approximately $73.03 billion). With an average purchase price of $75,441, its current unrealized gains stand at approximately $9.059 billion (+14.16%). Ethereum treasury company Bitmine acquired 15,112 ETH at an average price of approximately $2,687 (around $40.6 million), raising its total holdings to 6,016,414 ETH (approximately $16.34 billion). At an average purchase price of $3,336, its current unrealized losses amount to approximately $3.73 billion (-18.58%).
according to an official announcement, Bitget Stock+ has launched its "Multi-Leg Options Strategy" feature. The specific strategies include Covered Call/Put, Vertical Spreads, Straddle & Strangle, and Collar, further catering to users' professional trading needs in risk hedging, volatility trading, and directional speculation.Additionally, this feature supports a Portfolio Margin mechanism. When options positions are opened and form a risk hedge against a user's existing holdings, the system will automatically reduce or offset the corresponding margin requirements, helping to improve users' capital efficiency.Furthermore, the multi-leg strategy supports users in flexibly building and closing positions leg by leg (Leg in/Leg out). Currently, this feature is available during regular trading hours from 9:30 to 16:00 EST. For more product details, please refer to Bitget's official platform.
In response to previous on-chain monitoring showing Strategy transferring out 3,568 BTC ($297 million), Arkham analyst Emmett Gallic clarified that the involved BTC was neither sold nor transferred to an external platform, but rather constitutes routine fund transfers within Fidelity's custody system. Fidelity treats client-deposited BTC as fungible assets and reallocates funds across different addresses as needed; these addresses are already labeled as "Fidelity" custody addresses on Arkham.
Odaily News: In response to Lookonchain's monitoring of Strategy transferring out 3,568 BTC over the past 9 hours, onchain researcher Emmett Gallic stated that the related transactions are not a sale or asset relocation, but rather normal internal fund rebalancing within Fidelity Custody.He stated that Fidelity treats all BTC deposited by clients as fungible assets and will transfer funds as needed, and the related addresses have also been labeled as Fidelity on Arkham.
According to Lookonchain monitoring, over the past 9 hours, Strategy transferred out 3,568 Bitcoin, valued at $297 million.
Odaily News: According to on-chain analyst Yu Jin's monitoring, last week Bitcoin treasury company Strategy increased its holdings by 1,665 BTC at an average price of approximately $85,681, spending about $143 million; as of now, its holdings have grown to 847,666 BTC, with an average cost basis of $75,437, representing unrealized gains of approximately $6.731 billion. During the same period, Ethereum treasury company Bitmine increased its holdings by 17,362 ETH at an average price of approximately $2,710, spending about $47.05 million; as of now, its holdings have grown to 6,001,302 ETH, with an average cost basis of $3,337, representing unrealized losses of approximately $3.925 billion.
According to Blockaid monitoring, Flamingo Finance's legacy Flamincome contract was attacked. The attacker borrowed approximately 18 million USDT via a flash loan, staked USDP LP into the Strategy contract to inflate the VaultYUSDT share price, and subsequently redeemed aUSDT liquidity, currently realizing profits of approximately $345,900.
Bitwise Chief Investment Officer Matt Hougan stated in an interview with Bloomberg that the Bitcoin price has not reacted significantly to negative news recently, such as the Coldcard security incident, Strategy sell-off, and the CLARITY Act's progress falling short of expectations, which may indicate that Bitcoin has approached or reached the bottom of this bear market.
据 QCP Capital 8 月 7 日市场报告,BTC 本周从约 62,500 美元低点回升至 64,000 美元附近。尽管期间承压明显——Strategy 上周出售 1,638 枚 BTC(约 1.047 亿美元),Coldcard 安全事件波及约 5,000 个钱包、估计损失约 1,755 枚 BTC(约 1.1 亿美元)——市场并未出现持续性下跌。 期权市场同样未见恐慌情绪,7 日和 30 日平值隐含波动率分别为 28.8 和 32.6,处于近期区间低端;7 日 25-delta 风险逆转从 -7.39 快速收窄至 -2.10,显示短端下行偏斜明显缓解。 宏观层面,美国 7 月 ISM 制造业 PMI 升至 55.6(逾四年新高),但就业数据走软,ADP 私人就业仅新增 4.4 万人,市场等待当日晚些时候公布的非农数据(华尔街日报预期新增约 8.3 万人)。此外,霍尔木兹海峡局势仍未完全解除,布伦特原油重返 83 美元上方;日元干预及日本国债收益率走势持续牵动全球流动性预期。
According to CoinDesk, the S&P 500 index has risen 3.12% this month, adding approximately $2.1 trillion in market value (equivalent to the total market cap of the entire crypto market), reaching a record high total market cap of $70.5 trillion, but Bitcoin has only risen about 2% this month, hovering near $64,600. Analysts point out that this round of stock market rise is mainly driven by AI and semiconductor individual stock narratives, rather than a broad-based recovery in risk appetite at the macro level, and Bitcoin lacks direct beneficial exposure to this. Meanwhile, the crypto market also faces multiple internal pressures: the Coldcard platform suffered a $120 million exploit, the prospects of the "Clarity Act" remain uncertain, MicroStrategy has reduced its BTC holdings for three consecutive months, and stablecoin supply continues to shrink—USDT's market cap dropped from $190 billion in April to $183 billion, and USDC's dropped from $79.5 billion to $72 billion.
: According to an official announcement, on June 3, Trust Wallet announced a partnership with BNB Chain and CoinMarketCap to officially launch the "BNB Hack: AI Trading Agents" hackathon, featuring a total prize pool of $36,000. The Trust Wallet Agent Kit serves as the core on-chain execution technology stack for this event. This hackathon also marks the first time the Trust Wallet Agent Kit has been fully integrated as a core infrastructure component into a top-tier AI Agent hackathon system.The hackathon features two main tracks: "Autonomous Trading Agents" (prize pool $24,000, 5 winners) and "Strategy Skills" (prize pool $6,000, 3 winners), in addition to three partner special awards of $2,000 each. In the "Autonomous Trading Agents" track, participants must leverage the Trust Wallet Agent Kit to achieve local self-custodial signing, autonomous mode operation, and on-chain trade execution, deployed within native BNB Chain scenarios such as PancakeSwap and BSC Perpetual Contracts. The "Strategy Skills" track does not require an execution layer; participants build backtestable strategy proposals based on 12 categories of data tools from CoinMarketCap MCP, including market data, technical indicators, on-chain data, sentiment, and news.Track one uses real PnL as the core evaluation criterion, setting a maximum drawdown limit as the risk control threshold. Track two is comprehensively scored by a judging panel across four dimensions: technical execution, originality, real-world value, and presentation. The build window runs from June 3 to June 21, the trading window from June 22 to June 28, and winners will be announced during the week of July 6. In addition to cash prizes, winning teams will receive CoinMarketCap Pro API subscription credits, mentorship from CMC Labs, and the BNB Chain Kickstart ecosystem support package.
According to Cointelegraph, privacy-focused messaging app Signal stated it may exit the Canadian market if required to comply with Canada’s proposed lawful access bill, Bill C-22. Udbhav Tiwari, Signal’s Vice President of Strategy and Global Affairs, said the bill could compel service providers to build technical surveillance capabilities and retain certain user metadata for up to one year—potentially undermining end-to-end encryption and increasing the risk of cyberattacks. The report notes that Bill C-22 has not yet entered into force and still requires parliamentary review and royal assent. In addition to Signal, VPN provider Windscribe has also indicated it may follow suit and withdraw from Canada if the bill is passed.
according to an official announcement, Bitget Stock+ has launched its "Multi-Leg Options Strategy" feature. The specific strategies include Covered Call/Put, Vertical Spreads, Straddle & Strangle, and Collar, further catering to users' professional trading needs in risk hedging, volatility trading, and directional speculation.Additionally, this feature supports a Portfolio Margin mechanism. When options positions are opened and form a risk hedge against a user's existing holdings, the system will automatically reduce or offset the corresponding margin requirements, helping to improve users' capital efficiency.Furthermore, the multi-leg strategy supports users in flexibly building and closing positions leg by leg (Leg in/Leg out). Currently, this feature is available during regular trading hours from 9:30 to 16:00 EST. For more product details, please refer to Bitget's official platform.
Odaily Report: Michael Saylor once again posted Bitcoin Tracker-related information on the X platform, with the caption "More orange than ever."Based on previous patterns, Strategy typically discloses Bitcoin holdings changes the day after such messages are posted.
Michael Saylor posted on X platform stating that Strategy and Strive conduct business based on the shared capital foundation of Bitcoin. Although the two parties differ in securities products, decisions, and target audiences, they can compete while jointly expanding long-term opportunities. He believes that more well-managed Bitcoin-backed digital credit issuers can help enhance investor awareness, liquidity, and institutional research coverage for this category, and may improve the financing environment for eligible issuers. Saylor also mentioned that Strive disclosed the purchase of $50 million worth of STRC on March 11, 2026.
Odaily News: Litecoin treasury company Lite Strategy has released its financial results for the fiscal year ended June 30, 2026. According to reports, fiscal year 2026 was its first full fiscal year since implementing its LTC treasury strategy. The company disclosed that it deployed $100 million during the fiscal year to purchase over 900,000 LTC; as of June 30, its holdings stood at 832,716 LTC, representing more than 1% of the total LTC mined to date. Regarding share buybacks, the company's previous buyback round repurchased approximately 4.4 million shares of LITS, representing about 12% of outstanding shares; as of September 22, total buybacks had increased to approximately 6.4 million shares, raising the proportion to about 17%. Additionally, from the launch of its LTC covered call strategy through September 22, the company has recorded approximately $930,000 in option premium income. (Globenewswire)
Bitcoin treasury company Strategy founder and executive chairman Michael Saylor once again posted information related to the Bitcoin Tracker, captioned "Even more orange". Based on previous patterns, Strategy typically discloses changes in its Bitcoin holdings the day after such information is released.
Michael Saylor posted on X that the proposal covers STRF, STRC, STRK, and STRD. Dividends will accrue on each calendar day, including weekends and holidays, and will be paid on the next business day; the relevant economic terms remain unchanged. The proposal aims to support price stability, liquidity, and demand.
Strategy (formerly MicroStrategy) founder Michael Saylor posted on X stating that since the company adopted the "Bitcoin Standard" in 2020, the annualized returns for MSTR, representing digital equity, and BTC, representing digital capital, have reached 52% and 38%, respectively. Michael Saylor added that both outperformed traditional assets such as stocks, gold, real estate, and bonds over the same period, stating, "The future of capital is digital."
Odaily News: Bitcoin Treasury company Strategy's market cap has just surpassed YouTube competitor Rumble. Strive has surpassed over 140 public companies in the past month. (Bitcoin Treasuries)
Odaily reports: Strategy is proposing to pay daily dividends on its U.S.-listed preferred stock (NASDAQ: STRF, STRC, STRK, and STRD) on each calendar day, including weekends and holidays, with payment on the next business day. If approved and adopted, Strategy believes this will reduce reinvestment lag, enhance liquidity and market efficiency, and improve price stability. The proposal is subject to a vote by MSTR shareholders, with voting beginning on October 5 and ending on October 28. If approved, the first record date and payment date for STRC will be November 1 and November 2, respectively, while STRF, STRK, and STRD will be January 1 and January 4, 2027.
On-chain analyst Ember (@EmberCN) reported that two major crypto treasury companies completed another round of acquisitions last week: Bitcoin treasury company Strategy purchased 334 BTC at an average price of $85,839 (approximately $28.67 million), bringing its cumulative holdings to 848,000 BTC (approximately $73.03 billion). With an average purchase price of $75,441, its current unrealized gains stand at approximately $9.059 billion (+14.16%). Ethereum treasury company Bitmine acquired 15,112 ETH at an average price of approximately $2,687 (around $40.6 million), raising its total holdings to 6,016,414 ETH (approximately $16.34 billion). At an average purchase price of $3,336, its current unrealized losses amount to approximately $3.73 billion (-18.58%).
according to an official announcement, Bitget Stock+ has launched its "Multi-Leg Options Strategy" feature. The specific strategies include Covered Call/Put, Vertical Spreads, Straddle & Strangle, and Collar, further catering to users' professional trading needs in risk hedging, volatility trading, and directional speculation.Additionally, this feature supports a Portfolio Margin mechanism. When options positions are opened and form a risk hedge against a user's existing holdings, the system will automatically reduce or offset the corresponding margin requirements, helping to improve users' capital efficiency.Furthermore, the multi-leg strategy supports users in flexibly building and closing positions leg by leg (Leg in/Leg out). Currently, this feature is available during regular trading hours from 9:30 to 16:00 EST. For more product details, please refer to Bitget's official platform.
Strategy officially disclosed that the company recorded $21 billion in gains on digital assets in Q3 2026. Last week, it added 334 BTC and repurchased $176 million worth of STRC. As of October 4, 2026, Strategy holds 848,000 BTC and cash assets worth $5.7 billion.