Bitcoin’s selloff means Strategy is now losing money on its holdings, which it has been accumulating for nearly six years.
A severe winter storm has forced US miners to curtail operations, dragging bitcoin’s hashrate, output and miner margins to their weakest levels in months.
Strategy, Michael Saylor's iconic bitcoin treasury, has seen its stock plunge and its cost basis for its bitcoin trove soar ...
Michael Saylor called his firm a “digital fortress," but leading Bitcoin treasury Strategy has taken some serious hits in recent months.
ProShares Ultra Bitcoin ETF (NYSEARCA:BITU) promises double the daily move of Bitcoin, and right now that means double the chaos. The fund collapsed through January and early February, with 44% losses ...
Strategy MSTR stock dropped 17% to $107 after $12.4B Q4 loss as Bitcoin fell from $126K to $64K, leaving 713K Bitcoin ...
Bitcoin nearly grazed $60,000 on Thursday as investors shied away from the asset due to growing concerns over its utility.
It's reasonable to say that this coin isn't behaving like a safe harbor asset right now.
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