Dossier
Bitcoin Treasury Strategy
Coverage of Bitcoin Treasury Strategy in the Nexus archive.
- Strategy Skips Bitcoin Again, Buys Back $25M of STRC Stock
Bitcoin Treasury Strategy (MSTR) skipped purchasing Bitcoin for the fifth consecutive time, instead using $25 million to buy back its Stretch (STRC) preferred stock. The company sold 5.4 million MSTR shares, generating $544.5 million in proceeds, and maintains 843,775 Bitcoins on its balance sheet. CEO Phong Le affirmed the company’s long-term commitment to Bitcoin despite the pause in new purchases.
- BTC treasury firm Empery Digital invests $20M in AI data center developer Cardinal Data Power
Empery Digital, a Bitcoin treasury firm, has invested $20 million in Cardinal Data Power, an AI data center developer. This move represents Empery's strategic shift from Bitcoin treasury management to AI infrastructure investments.