Strategy

Exceptional opportunity in Bitcoin treasury companies: Asymmetric upside if BTC rebounds. MSTR could hit $500/share in bullish scenario.

Strategy, the world’s largest publicly traded bitcoin holder, just bought another $1 billion worth of bitcoin. The company did the same last week.

Corporate Bitcoin treasuries swung into widespread unrealized losses in November, as Bitcoin’s brief drop below $90,000 left roughly 65% of measurable corporate holders in the red.

Strategy released a letter to MSCI arguing that their proposed digital asset threshold is “misguided” and would have “profoundly harmful consequences."

Speaking at Bitcoin MENA, Michael Saylor framed Bitcoin as the foundation of a new era in digital capital and credit.

Strategy’s Michael Saylor claims he met with every Middle East sovereign wealth fund to pitch Bitcoin-backed credit, positioning digital capital as a yield-generating alternative to traditional fixed income.

The Bitcoin price jumped past $92,000 this morning as Bernstein and JPMorgan signal a longer-term bullish outlook

Strategy purchased 10,624 bitcoin for about $963 million last week, lifting its total holdings to 660,624 BTC as shares edged higher alongside a modest rebound in bitcoin prices.

Strive Asset Management warned MSCI that its plan to exclude bitcoin-heavy companies from major benchmarks could create inconsistent results due to differing accounting standards.

Strategy led Bitcoin-linked gains, with MSTR surging 8.66% to $186.26 on heavy volume.