Why MicroStrategy’s Collapse Could Be the Next Black Swan for Crypto in 2026

Will MicroStrategy Collapse in 2026? Analyzing an FTX-Scale Risk - Invest In Crypto News

Strategy (formerly MicroStrategy) is the largest corporate holder of Bitcoin, owning 671,268 BTC, which represents over 3.2% of all Bitcoin in circulation. That makes the company a high-risk keystone in the Bitcoin ecosystem.  If it falls apart, the impact could be larger than the 2022 FTX collapse. Here’s why that threat is real, what could trigger it, and how bad the fallout could be. MicroStrategy Is a Leveraged Bitcoin Bet MicroStrategy’s en…

Why MicroStrategy’s Collapse Could Be the Next Black Swan for Crypto in 2026

Strategy (formerly MicroStrategy) is the largest corporate holder of Bitcoin, owning 671,268 BTC, which represents over 3.2% of all Bitcoin in …

Will MicroStrategy Collapse in 2026? Analyzing an FTX-Scale Risk

Could MicroStrategy’s collapse trigger the next crypto crash? A data-driven look at why it may be 2026’s biggest black swan risk for Bitcoin.

Largest U.S. State Pension Fund Expands Exposure to Bitcoin Treasury Firm Strategy Bitcoin News ETHNews

The California Public Employees’ Retirement System (CalPERS), the largest U.S. state pension fund, has increased its exposure to Strategy ($MSTR), a company known for holding Bitcoin as a treasury asset. According to the latest disclosure, CalPERS has purchased 183,444 shares, with the position valued at approximately $29 million so far this year. NEW: Largest U.S. state pension Fund (California CalPERS) has bought 183,444 ($29 million) #Bitcoi…

Strategy Inc (MSTR) Stock Update: Bitcoin Treasury Moves, Index Risks, and Analyst Targets as Wall Street Heads Into the Next Session

New York — Friday, December 26, 2025, 5:00 p.m. ET. Strategy Inc (Nasdaq: MSTR) ended the post‑Christmas trading day in a market that’s still hovering near record highs—but with investors increasingly focused on what comes next for “bitcoin treasury” stocks: index eligibility, funding costs, and whether the company’s evolving capital‑markets playbook can keep supporting its core bitcoin accumulation thesis. Reuters+1 Below is what matters right …