Faster global financial news!
MicroStrategy has suspended purchases of Bitcoin for five weeks and, for the first time, indicated that it may sell Bitcoin to repurchase preferred stock.
U.S. business intelligence company MicroStrategy has not purchased any Bitcoin for five consecutive weeks, marking its longest hiatus in nearly two years. Last week, the company spent $25 million to repurchase its preferred stock and stated that future buybacks may be funded by selling its MSTR shares, as well as by selling Bitcoin depending on market conditions.This move marks a departure from MicroStrategy’s long-standing “never sell” stance on Bitcoin. Currently, MicroStrategy holds 843,775 Bitcoin. At current prices, the value of its Bitcoin holdings is approximately $9.8 billion below its purchase cost.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Ecolab Inc. (ECL) Q3 Earnings Report EPS: $2.18, market expectation $2.18 Revenue: $4.69 billion, market expectation $4.7 billion Reporting Period: Q3 FY2026 (ended September 30, 2026) Release Date: October 27, 2026
-
2
SK Hynix is up 6.86% from its previous close, now trading at ₩1,433,000.
-
3
Galaxy Digital (GLXY) Q3 Earnings Report EPS: $0.83, market expectation $0.28 Revenue: $8.69 billion, market expectation $8.74 billion Reporting Period: FY2026 Q3 (ended September 30, 2026) Release Date: October 27, 2026
-
4
Freeport-McMoRan Inc. (FCX) Q3 Earnings Report EPS: $0.88, market expectation $0.82 Revenue: $7.55 billion, market expectation $7.36 billion Reporting Period: Q3 FY2026 (ended September 30, 2026) Release Date: October 27, 2026
-
5
South Korea's KOSPI index rose 5.18% from its previous close, now at 5,930.51.
-
6
South Korea's KOSPI index rose 6.16% from its previous close, now at 5,985.55.
-
7
How Chinese Mainland Users Participate in Bitcoin Trading: Current Status, Risks, and Compliance Paths
-
8
Corning Inc (GLW) Q3 Earnings Report EPS: $0.91, Market Expectation $0.88 Revenue: $5.08 billion, Market Expectation $5.03 billion Reporting Period: FY2026 Q3 (ended September 30, 2026) Release Date: October 27, 2026
-
9
Binance Brazil applies for license, restricts services, and delists tokens
-
10
Binance market analyst Maartunn stated that the exchange has listed 227 new futures trading pairs year-to-date in 2026
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
