Microstrategy shares plunged as market pressure hits, but CEO Michael Saylor insists he ‘won’t back down’ on Bitcoin, defending the long-term bet amid investor concern.
Michael Saylor denied reports that Microstrategy sold Bitcoin and said the firm’s BTC purchases are ‘accelerating,’ reaffirming a long-term accumulation strategy amid market speculation.
Prenetics has spent $11 million to acquire 100 Bitcoin for its corporate treasury, a strategic move to diversify assets and signal confidence in crypto amid market volatility, the company said.
Metaplanet secured a $100 million Bitcoin-backed loan to fund further acquisitions, marking a bold move in crypto-finance as firms leverage digital assets to accelerate growth and market consolidation.
Trump-backed American Bitcoin Corp expanded its holdings to 4,004 BTC, reinforcing its crypto treasury amid market swings and underscoring ongoing institutional demand for Bitcoin.
On-chain data shows BitMine acquired $70M in Ether for its treasury. The purchase signals institutional accumulation amid market volatility and strengthens the firm’s crypto reserves.
Steak ‘n Shake launches first-ever strategic Bitcoin reserve, adding BTC to its treasury as a hedge and signaling wider corporate adoption of cryptocurrency in traditional foodservice.
Metaplanet secured a $100 million loan using its Bitcoin reserves as collateral to fund additional BTC purchases, doubling down on a crypto-focused growth strategy despite market volatility.
BitMine Immersion (BMNR) disclosed ETH holdings exceeding 2.83 million tokens and total crypto and cash assets of $13.4 billion, signaling major liquidity and strategic positioning for expansion and investment.