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Strategy's CEO Floats 'Bitcoin Winter' Risk in Reset Memo

Phong Le acknowledged on a podcast that a multi-quarter price freeze remains a real possibility — a notable change of tone from the firm's usual unalloyed bullishness.

Helena Cross//Nov 18, 2025//5m

Markets

Strategy's ATM Issuance Slows as Premium Compresses

MicroStrategy/Strategy slowed its at-the-market equity issuance program sharply in November, as the premium of MSTR shares to underlying BTC NAV narrowed.

Helena Cross//Nov 25, 2025//5m