Strategy (formerly MicroStrategy) purchased 13,927 BTC for ~$1 billion last week. As of April 12, total holdings reached 780,897 BTC with an average price of $75,577. Year-to-date BTC Yield stands at 5.6%.
Strategy (MSTR) spent $255 million to acquire 3,273 BTC at $77,906 each, raising its total holdings to 818,334 BTC worth $63.7 billion. Unrealized profit stands at $1.9 billion. Funding came from common stock sales, while STRC preferred shares yielding 11.5% drive purchases. Dividend frequency may switch to semi-monthly.
Strategy bought 3,015 BTC for $204.1M at an average price of $67,700 between Feb 23 and Mar 1, pushing its total stash to 720,737 coins. Funds came from ATM stock sales.
More than 5,742 jobs have been cut across over 30 crypto companies in 2026. BitGo confirmed about 85 layoffs and said it is concentrating on security, trading, stablecoins, settlement, and AI-powered infrastructure.
SpaceX has signed a binding merger agreement to acquire Cursor parent Anysphere in a $60 billion all-stock deal, with closing expected in the third quarter of 2026 pending approvals.
Flutter announced a leadership overhaul at FanDuel alongside Q1 2026 earnings, with Amy Howe departing as CEO, Christian Genetski taking over, and U.S. underperformance emerging as a key backdrop.
FanDuel CEO Amy Howe leaves with $4.37M severance; Christian Genetski takes over. Dan Taylor becomes Flutter President. Q1 revenue up 17% to $4.3B, but U.S. underperformance drives reorganization. Stock down 57% in past year.
FanDuel CEO Amy Howe departs with $4.37M severance as Flutter restructures US operations. Christian Genetski takes over US business; Dan Taylor named group President. Q1 revenue up 17% to $4.3B but US growth lags; FY EBITDA guidance lowered.
