Strategy
Strategy lowered its 2025 earnings forecast on Monday, citing a recent slump in Bitcoin that hit revenue tied to its crypto exposure. The move underscores growing corporate sensitivity to crypto volatility.
According to an SEC filing on 2025-11-10, Michael Saylor’s Bitcoin vehicle, Strategy, purchased 487 BTC for $49.9M (≈$102.46k/BTC). The move underscores continued institutional accumulation and keeps attention on supply dynamics and long-term demand.
Business intelligence firm Strategy acquired an additional $50 million in Bitcoin (BTC) on Monday, its largest buy since late September. The move highlights sustained institutional demand and could tighten available spot supply, reinforcing bullish narratives for Bitcoin.
Ether's price fell significantly following a $100 million hack in the Balancer DeFi protocol, combined with broader market challenges including tariff announcements and interest rate concerns, impacting various crypto-related stocks as well.
This past week saw major cryptocurrencies wrapping up October with notable losses. Additionally, Coinbase and Strategy updates continue to shape the crypto landscape. Discover how platforms like Bitlet.app can help you navigate these market shifts with flexible crypto payment options.
Michael Saylor has made a significant move by investing $40 billion into Bitcoin, making his company, Strategy, the largest corporate holder of the digital asset. This bold pivot raises crucial questions about the future of corporate cryptocurrency investments.