MSTR | Crypto

MSTR could target $200 and extend toward $280 if supportive macro conditions and bullish technical momentum hold. Strategy’s stock MSTR printed one of the rarest bullish reversal signals in technical analysis, the “Abandoned Baby,” on its daily chart, hinting that a brutal downtrend may be running out of steam. Key takeaways MSTR’s rare reversal pattern suggests rising odds of a sharp rebound. Read more

Bitcoin faces downside risks as a bear flag breakdown targets $77,400, while tensions between Strategy and MSCI can add new pressure on the BTC price. Bitcoin (BTC) is showing fresh downside risks as a deepening standoff between corporate Bitcoin holder Strategy (MSTR) and global index provider MSCI collides with a weakening technical structure. Key takeaways: BTC risks a slide toward $77.4K if the bear flag breaks down. Read more

Renowned short seller James Chanos has officially closed his $MSTR/Bitcoin hedged trade after 11 months, marking an end to his high-profile bet against Bitcoin-linked equities and Strategy stock.​ The unwinding of institutional short positions is a trend reversal indicator that could mean the worst for Bitcoin treasury companies is behind them. The bitcoin treasury ecosystem […] The post Bitcoin treasury bear market ‘gradually’ ending as renowned short seller closes MSTR/BTC position appeared first on CryptoSlate.

Vanguard, one of the world’s top asset managers, has become the largest institutional shareholder of Strategy, which is widely seen as a proxy for Bitcoin, despite previously labeling the crypto as speculative and lacking inherent value. According to Bloomberg News, Vanguard now owns more than 20 million shares of Strategy, representing nearly 8% of the […] The post Vanguard becomes top MSTR holder via passive index fund despite snubbing Bitcoin and crypto appeared first on CryptoSlate.

Crypto exchange Gemini has launched tokenized Strategy (MSTR) shares for customers in the EU, marking the beginning of its rollout of tokenized U.S. equities on blockchain networks. The offering, enabled through a partnership with tokenization platform Dinari, allows Gemini users to buy fractional shares of Strategy as on-chain tokens backed by real securities. MSTR tokens […] The post Gemini launches tokenized US stock trading in EU starting with MSTR appeared first on CryptoSlate.