MicroStrategy lifts USD reserves to $1.4 billion and buys 520 BTC for $35 million, pushing total holdings to 847,363 BTC as MSTR and STRC shares rise in pre-market.

According to BitMEX Research, if $CRCL's stock price increases by another 100%, the company could transform into a US dollar 'treasury company' by selling its own shares to acquire more USD. This shift in capital structure may impact liquidity and trading strategies for crypto investors, as companies converting equity gains into dollar reserves often influence both traditional and digital asset markets. Active traders should monitor $CRCL’s moves closely for potential shifts in crypto market sentiment as traditional firms leverage stock appreciation to bolster USD holdings. Source: BitMEX Research (June 9, 2025).