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Corporate treasury strategy stories

Oct 1, 2026

Evernorth wins shareholder vote for Nasdaq XRP treasury listing

Shareholders of Armada Acquisition Corp. II approved their merger with Evernorth, clearing the way for the XRP treasury company to begin trading on Nasdaq on October 8 with holdings of roughly 473 million XRP.

Oct 1, 2026·3 sources
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Aug 31, 2026

Strategy buys 4,603 bitcoin for $369.7 million after two-month pause

Strategy (formerly MicroStrategy) acquired 4,603 BTC between August 24-30 at an average price of $80,318, marking its first purchase since late June after a 10-week hiatus.

Aug 31, 2026·7 sources
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Jul 13, 2026

Strategy Raises $466.7 Million Through Stock Sale, Builds $3 Billion Cash Reserve

Equity capital markets activity totaling $466.7 million — raised through the sale of 4,818,781 Class A common shares between July 6 and July 12, 2026 — lifted Strategy's USD reserves to $3.0 billion alongside 843,775 BTC in bitcoin holdings.

Jul 13, 2026·8 sources
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Jun 15, 2026

Strategy Buys 1,587 Bitcoin for $100 Million, Expanding Holdings to 846,842 BTC

Michael Saylor's Strategy acquired 1,587 BTC at an average price of $63,024 between June 8-14, funded by $209 million in stock sales. The purchase price was 17% below the company's $75,656 average cost basis.

Jun 15, 2026·6 sources
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Jun 8, 2026

Strategy Purchases 1,550 Bitcoin for $101 Million, Rebuilds Cash Reserves After Rare Sale

Strategy (formerly MicroStrategy) acquired 1,550 BTC for $101 million and boosted cash reserves to $1 billion through $181 million in stock sales, resuming accumulation one week after its first bitcoin sale in years. The purchase brings total holdings to 845,256 BTC.

Jun 8, 2026·5 sources
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May 13, 2026

Strategy Buys 535 Bitcoin for $43 Million in Smallest Weekly Purchase of 2026

Strategy (MSTR) acquired 535 BTC for approximately $43 million from May 4-10, bringing total holdings to 818,869 Bitcoin. The purchase represents the company's smallest weekly buy of 2026, with executives signaling potential future sales to fund shareholder dividends.

May 13, 2026·6 sources
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Top claims

  • ▪The Bitcoin treasury model can be successfully replicated with altcoins
  • ▪Evernorth's active treasury model carries the risk that its valuation and financing costs will be highly sensitive to XRP's price volatility, which can squeeze valuations and erase premiums during market downturns
  • ▪The SEC should block public listings for single-asset crypto treasuries

People involved

Michael Saylor

Subtopics

Bitcoin6Institutional crypto adoption6Bitcoin market analysis4Bitcoin adoption3Bitcoin news1Crypto markets1Crypto regulation1Strategy's return to Bitcoin buying1

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