Strategy accumulated over $68 billion worth of Bitcoin and compared its P/E ratio to Apple.
2 reports, 1 independent
Updated Aug 30
Gone quiet
- Reports
- 2
- Developments
- 2
- Repetition
- 0%
New informationRepeats or wire copies
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What happened
Strategy accumulated over $68 billion worth of Bitcoin and compared its P/E ratio to Apple.
Who's involved
What this event is mainly aboutHow it developed
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The entities involved
Related events
- Strategy aims to surpass Nvidia's market cap while holding significant Bitcoin reserves and driving STRC stock value.
- Strategy is aiming to be a major corporate holder, with corporate treasuries holding over 6% of Bitcoin's supply, and KindlyMD naming it as its reserve asset.
- Strategy bought 4,603 Bitcoin for $369.7 million, and Strive adopted Bitcoin into its capital deployment hurdle rate.
- Trump announced a strategic Bitcoin reserve, while Strategy was noted to hold a large amount of Bitcoin, and Tesla held it on its balance sheet.
- MSCI rules are targeting asset accumulation companies, impacting Bitcoin treasury firms like Strategy Inc.
Coverage
Newest first; wire copies grouped- decryptStrategy Investors Drop Lawsuit Over Bitcoin Profitability Promises Investors in Bitcoin behemoth Strategy have dismissed a class-action lawsuit against the company for allegedly making false and mis
- decryptStrategy Pushed ‘Deceptive’ Comparison to Apple and NVIDIA, Wall Street Veteran Says Strategy, formerly MicroStrategy, misrepresented its business to investors when measuring itself against S&P 500 f