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    FTSE 100 closes lower as builders and Babcock falter

    The FTSE 100 ended in the red on Monday as oil prices rose amid renewed tension in the Middle East and housebuilders fell after weak mortgage approval figures. The FTSE 100 closed down 23.80 points, 0.2%, at 10,484.22. The FTSE 250 ended down 132.34 points, 0.6%, at 23,014.85, and the AIM All-Share fell just 0.24…

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    What Is Strategy (MSTR)? The Bitcoin Treasury Company

    In brief Formerly software firm MicroStrategy, Strategy has transitioned to a Bitcoin treasury company model after adopting BTC as its primary reserve asset. Under co-founder and chair Michael Saylor, Strategy embarked on an aggressive Bitcoin buying spree for its corporate treasury. In June 2026, Strategy revealed that it had sold 32 BTC, in a pivot…

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