21,021 Bitcoin Added to Strategy’s Treasury Following IPO
Strategy (Nasdaq: MSTR/STRK/STRF/STRD) closed its initial public offering (IPO) of 28,011,111 shares of Variable Rate Series A Perpetual Stretch Preferred Stock (“STRC”) at $90 per share, raising approximately $2.521 bil...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
MSCI Tightens Index Rules As Strategy And Other Bitcoin Treasury Firms Face Fresh Scrutiny
TL;DR: MSCI has revised its methodology for classifying non-operating companies, putting Bitcoin-heavy treasury businesses under c...
MSCI To Move Forward With Proposal That Could Exclude Strategy From Index
Bitcoin Magazine MSCI To Move Forward With Proposal That Could Exclude Strategy From Index Morgan Stanley Capital International is...
Ripple Brings RLUSD to Cross River Bank as Garlinghouse Backs Evernorth’s XRP Strategy
Announced on October 15, the Cross River partnership integrates Ripple USD (RLUSD) into the bank’s proprietary Core Operating Syst...
MSCI finalizes index rules that put Strategy, crypto treasury firms at risk of exclusion
MSCI's new non-operating company rules could exclude Strategy, Metaplanet and SharpLink. The final list of affected firms is due N...
Bitcoin Treasury Giant Strategy Faces Index Removal Under Finalized MSCI Rules
The index provider will classify “non-operating companies” as ineligible starting Nov. 30, targeting firms whose balance sheets ar...
Institutions managing €800 billion ask what crypto tokens actually earn
Brendan Ma, head of investment strategy at the Arbitrum Foundation, said he met with representatives of institutions managing abou...