Strategy (MSTR) reported its Q1 2026 earnings on May 5, and as of May 3, it held 818,334 Bitcoin, up 22% year-to-date. The company said the stash had a base cost of $61.81 billion and a market value of $64.14 billion, with an average purchase price of around $75,537 per coin. That huge Bitcoin position…
Strategy’s bet on Bitcoin showed losses on paper for the first time in years, as the digital asset fell below the average purchase price of the Bitcoin buying company on Sunday. With Bitcoin recently changing hands at $78,579, Strategy’s $56 billion position had turned positive again on Monday. The company has built up its reserve…
Dear investor Pedro Lynch has stated that it does not own artificial intelligence (AI) stocks, despite the sector’s recent rise. Lynch, known for his successful time at the Fidelity Magellan Fund during the 1980s, revealed his views in a podcast. Last month, Lynch confessed during his appearance on “The Compound and Friends” podcast that his…
