strategy

Nasdaq has released a job posting, seeking a Product Manager to lead the entire process of tokenized products from concept to scaled adoption. This position will be responsible for the tokenized product roadmap, end-to-end workflow design, and direct collaboration with institutional clients and partners.Candidates are required to have 5-10 years of product management experience in the fintech or capital markets sector, familiarity with digital assets and tokenization concepts, and the ability to collaborate with legal and compliance departments in a regulated environment. The job is located in New York and follows a hybrid work model.This move marks Nasdaq's continued efforts in the digital asset space, further solidifying its tokenization infrastructure following its previous application for listing tokenized stocks and exploration of blockchain settlement systems.

Strategy CEO Phong Le posted on platform X, stating that the Basel Accords set global banking capital standards and asset risk-weighting rules, which substantially affect how banks engage in digital asset-related businesses (including Bitcoin). This framework is established by the Basel Committee, which covers 28 jurisdictions and is composed of central banks and regulatory authorities from various countries, with the United States being one of them. If the U.S. wishes to become the "global crypto capital," it is necessary to reassess the implementation of capital requirements and risk weights under the Basel framework.

The CEO of Japan's Bitcoin treasury company Metaplanet, Simon Gerovich, posted on the X platform in response to an anonymous account inciting public opinion without accountability and accusing the company of "dishonest information disclosure." He stated that the related claims are inconsistent with the facts, and both he and the company are willing to take public responsibility for all actions and statements. The company's long-term systematic strategy of increasing Bitcoin holdings remains unchanged.Simon Gerovich stated that over the past six months, against the backdrop of rising volatility, the company has increased its allocation to income-generating businesses by selling put options and employing spread strategies to obtain premiums, while allocating part of the funds for long-term Bitcoin holdings. All Bitcoin purchases are disclosed immediately after decisions are made, and all Bitcoin addresses of the company are public, allowing shareholders to view the holdings in real-time dashboards. In response to the accusation of "buying at high levels in September without disclosure," he mentioned that there were four purchases made in September, all of which were announced in a timely manner. The company's strategy is not about timing the market but rather about long-term, systematic accumulation of Bitcoin.Additionally, selling put options is not merely a bet on price increases, but rather a way to acquire Bitcoin at an effective cost below the spot price. Regular losses mainly stem from the unrealized fair value fluctuations of Bitcoin that are held long-term and not sold, and interpreting this as a strategic failure is a misunderstanding.

The on-chain data platform Arkham posted on X platform that the Bitcoin treasury company Strategy has accumulated approximately $54.52 billion worth of Bitcoin over the past five and a half years, with an average purchase price of about $76,027.At current prices, Bitcoin is approximately 12.4% lower than its average holding cost, corresponding to an unrealized paper loss of about $6.7 billion. Market analysts believe that Michael Saylor's long-term commitment to a dollar-cost averaging strategy makes his holding cost and floating profit and loss situation an important observation indicator for institutional-level Bitcoin allocation.

According to official news, BitRing announced the launch of a price reduction strategy. Its pure gold ring is priced at 498, comparable to the standard Oura4 ceramic version; the Mosang diamond version is priced one dollar lower than the Oura4.This strategy aims to attract users with a non-profitable main product and expand market share.

According to Arkham monitoring, Michael Saylor's average buy price for BTC has decreased.Strategy purchased BTC for $168.4 million, reducing MSTR's average cost basis by $29 to $76,027. This is the first decline in this data in nearly two and a half years since September 25, 2023.

According to the latest announcement data from Yujin, the holding profit and loss situation of Strategy and BitMine is as follows:The Bitcoin treasury company Strategy currently holds a total of 717,131 BTC ($48.765 billion), with an average cost of $76,027, resulting in an unrealized loss of $5.756 billion.The Ethereum treasury company BitMine currently holds a total of 4,371,497 ETH ($8.673 billion), with an average cost of $3,801, resulting in an unrealized loss of $7.943 billion.

According to market news, the company has purchased 2,486 bitcoins for approximately $168.4 million (an average price of about $67,710 per coin). As of 2026, the total amount of bitcoins held by Strategy has reached 717,131 coins, with a total investment of about $54.52 billion and an average purchase price of approximately $76,027 per coin.

According to CoinDesk, Italian banking giant Intesa Sanpaolo disclosed in its 13F filing for the period ending December 2025 that it holds approximately $96 million in Bitcoin spot ETFs, including the ARK 21Shares Bitcoin ETF and the iShares Bitcoin Trust.At the same time, Intesa Sanpaolo also holds a large put option position against Strategy, which the market interprets as a hedge against the Strategy stock price being too high relative to its Bitcoin asset value (mNAV) while being long on Bitcoin ETFs.

According to BitcoinTreasuries, Charles Schwab, with assets under management of $12 trillion, has increased its holdings by 91,859 shares of Strategy (MSTR) stock.Currently, its total holdings have reached 1.27 million shares, with a holding value of $168 million.

The founder of Strategy, Michael Saylor, revealed that the company plans to convert its $6 billion convertible debt into equity within 3 to 6 years. The company stated on the X platform that even if the BTC price drops to $8,000, Strategy still has enough assets to fully cover its debt.Currently, the company holds 714,644 BTC, with reserves valued at $49 billion, and its convertible debt is approximately $6 billion. Strategy's average purchase price for Bitcoin is around $76,000, and with the current trading price of $68,400, the company's investment is currently down about 10%. Additionally, Saylor posted a chart of Strategy's increased holdings on the X platform on Sunday, suggesting that the company will buy Bitcoin again, marking the 12th consecutive week of purchases.

Strategy stated that even if the price of Bitcoin falls to $8,000, it can ensure that it has enough assets to fully repay its debts. In response, founder Michael Saylor retweeted and stated that there are plans to convert convertible bonds into equity within the next 3-6 years.

Strategy founder Michael Saylor has once again released Bitcoin Tracker information on the X platform, and may disclose additional purchase data next week.

According to market news, the California Public Employees' Retirement Fund increased its holdings in Bitcoin treasury company Strategy (stock code: MSTR) by 22,475 shares, bringing its total holdings to 470,632 shares, valued at approximately $59 million.The retirement fund manages assets of approximately $611 billion.

According to Reuters, the underwriter Clear Street for Strategy announced the postponement of the U.S. IPO originally scheduled for Friday, citing "poor market conditions." Additionally, the company has significantly reduced its Nasdaq IPO fundraising target from an initial goal of $1.05 billion to $364 million. After the reduction, Clear Street's valuation is approximately $7.2 billion, down from the previous target valuation of $11.8 billion.In recent years, Clear Street has become one of the leading underwriters for cryptocurrency-related stock offerings, having provided underwriting services for several crypto treasury companies, including multiple stock offerings for Strategy, and also served as the underwriter for Trump Media & Technology Group.ChainCatcher previously reported that Clear Street, the underwriter behind Strategy, plans to go public as early as January next year.

According to the official announcement, the Gate copy trading system has completed a comprehensive upgrade. The new version focuses on three main directions: "intelligent, transparent, and efficient." It introduces a new position copying mode, supporting one-click synchronization of the current positions of the lead trader; profit sharing is transparently displayed, with clear public disclosure of the profit-sharing ratio on the copy trading page; the interface has undergone a revolution, launching multi-dimensional intelligent rankings and a refined filtering tool with 5 dimensions × 8 conditions. The lead trader's homepage now features a dual display of "simple" and "net value" returns, and the copy trading view has also been optimized to focus on the lead trader, significantly enhancing decision-making efficiency and management convenience. Users can experience the new copy trading system by updating the Gate App to the latest version.In addition, Gate will launch a special event from February 12 at 16:00 to February 28 at 16:00 (UTC+8), with a total prize pool of 50,000 USDT. Users can participate in the exclusive benefits for newcomers by experiencing the new copy trading features and share in the 50,000 USDT prize pool.

According to Bloomberg, MicroStrategy CEO Phong Le stated in an interview that the company will gradually shift from relying on issuing common stock to raising funds through the issuance of preferred stock for subsequent Bitcoin purchases.

Strategy CEO Phong Le stated in a Bloomberg live broadcast that Strategy will begin to shift from equity financing to preferred stock financing to raise funds for purchasing BTC.

Former Visa Strategic and Data Officer Noah Levine announced his joining a16z crypto as an investment partner. He will focus on investments in cryptocurrency, fintech, payments, and on-chain finance.Levine previously worked at Visa for two years, overseeing stablecoin strategy and on-chain data initiatives, and has a background as a 2024 graduate from Stanford University.

According to CoinDesk, the perpetual preferred stock STRC issued by Strategy has re-entered the $100 par value during U.S. trading hours on Wednesday, marking the first time since mid-January.This price level is a critical threshold for the company to initiate a market price issuance to further increase its Bitcoin holdings. STRC reached $100 on January 16, when Bitcoin was around $97,000. On February 5, when Bitcoin fell to $60,000, STRC briefly dipped to $93, but has recently recovered its par value with the market rebound. This product employs a monthly dividend reset mechanism, with a current annualized dividend yield of 11.25%, aimed at smoothing volatility and incentivizing the trading price to approach par value.