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Editor’s note: The story has been updated to correct the amount being raised. Strategy Inc. CEO Phong Le said on Wednesday that financial tools popularized by the firm were employed in Google parent Alphabet Inc.’s proposed capital raise. CEO Sees...
Bitcoin's slide is showing no signs of abating. The cryptocurrency is falling again this morning, touching a low of $61,343.67, before recovering slightly. That marked its lowest intraday level since early February.
Bitcoin, XRP, and other cryptocurrencies were falling again early Friday as digital assets got caught up in the tech selloff, compounding a bad week. Bitcoin the world’s largest crypto, fell as low as $61,300 before climbing back to $62,500–down 1% over the past 24 hours, according to CoinDesk data. The digital asset has slumped 14% this week and is now more than 50% down from its record high of $126,272 reached in October last year.
The June 2026 crypto rout just erased $62 billion in combined market capitalization from public companies holding Bitcoin as a treasury asset. MicroStrategy, Tesla, and Marathon Digital are leading the damage. The question that matters now is not whether the losses are recoverable; it is whether the entire structural model ...
In Ethereum News today, BitMine Immersion Technologies filed with the SEC on Wednesday to launch a Series A Perpetual Preferred Stock offering, 3 million shares at $100 per share, carrying a 9.5% cumulative annual dividend, with proceeds earmarked explicitly for Ethereum acquisition, ETH staking infrastructure expansion, and ecosystem investment.The offering ...
↘️ Lululemon Athletica (LULU): The athleisure company cut its outlook for the year, citing challenges including a spike in negative commentary around the brand and a lackluster response to new products.
DEXE, Ethena, LayerZero, Litentry, and Worldcoin drew their most new wallets in months as the crypto market sold off.
(Bloomberg) -- Bitcoin’s slide this week is adding fresh pressure to one of the most ambitious financial experiments to emerge from the recent crypto boom: publicly traded companies created to accumulate digital assets on behalf of investors.Most Read from BloombergSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PSaylor’s Bitcoin Machine Is Misfiring on Every CylinderGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpBloomberg
(Bloomberg) -- Bitcoin's slide this week is adding fresh pressure to one of the most ambitious financial experiments to emerge from the recent crypto boom: publicly traded companies created to accumulate digital assets on behalf of investors.Most Read from BloombergSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PGlazer Family Members Study Manchester United Stake SaleSaylor's Bitcoin Machine Is Misfiring on Every CylinderRepublican-Led House Votes to Stop Iran War, Rebuking TrumpDow Averag
(Bloomberg) -- Bitcoin’s slide this week is adding fresh pressure to one of the most ambitious financial experiments to emerge from the recent crypto boom: publicly traded companies created to accumulate digital assets on behalf of investors.Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PSaylor’s Bitcoin Machine Is Misfiring on Every CylinderRepublican-Led House Votes to Stop Iran War, Rebuking TrumpDow Averag
The price of Bitcoin (BTC) has crashed 15% this month since Michael Saylor's Bitcoin treasury company Strategy (Nasdaq: MSTR) announced on June 1 that it had sold 32 BTC the previous week. Though Saylor had dropped a hint regarding its possibility last month, the announcement shook ...
American businessman and social media personality Dave Portnoy is well-known for his honest takes on the crypto market and he doesn't hesitate to share his views even when he is sitting on a multimillion-dollar loss. The Barstool Sports founder posted a confessional video on X on June 4 in which he ...
Billionaire investor Mark Cuban says he does not believe Bitcoin is going "to zero" despite disclosing that he has sold all his coins. "I’m not saying it goes to zero," Cuban said on May 22 on X. "I’m saying [its]...
Jim Cramer hinted Michael Saylor "murdered Bitcoin" as MicroStrategy navigates heavy FUD across MSTR and STRC at once.
(Bloomberg) -- Bitcoin posted its longest losing streak since August, weighed down by liquidations of bullish bets and this week’s rare sale of tokens by the dominant corporate buyer. Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborDow Average Hits Peak as Old-School Stocks Beat AI: Markets WrapBroadcom Slides by Most in More Than a Year on AI Out
Bitcoin (BTC) was trading only slightly below $74,000 on June 1 before Michael Saylor's leading BTC treasury company Strategy (Nasdaq: MSTR) announced the sale of 32 BTC once the trading opened Monday. Following the announcement, Bitcoin began to crash violently and was currently trading below ...
MicroStrategy's STRC slipped below $95, adding pressure on Bitcoin as the crypto sell-off deepens to $62,000.
Michael Saylor says the ongoing decline in Bitcoin’s (CRYPTO: $BTC) price is due to capital rotatio...
On June 1, Strategy (NASDAQ: MSTR), formerly MicroStrategy, announced the sale of 32 Bitcoin (BTC) that it conducted last week. With 843,706 BTC on its balance sheet, the company is still the largest Bitcoin treasury company. But this instance was its first Bitcoin sale in years, sending ...
Bitcoin's decline, which began after the Oct. 10, 2025 flash crash, entered a more volatile phase this week after Strategy (Nasdaq: MSTR), the world's largest corporate holder of Bitcoin, revealed it sold Bitcoin last week for the first time in years. U.S. spot Bitcoin ETFs had already recorded net ...
With Bitcoin falling hard this week and down nearly 50% from peak. Strategy's Michael Saylor is pointing the finger at the AI boom.
Bitmine's preferred stock offering follows Strategy's playbook with one critical difference: ETH staking yield gives the company a self-funding mechanism BTC doesn't.
The price of bitcoin fell below $62,000 overnight amid a selloff that has dragged net fund flows back into the negative year to date.
If you’ve been holding XRP (CRYPTO: XRP) for the past few days, the chart already says a lot about how you feel. The $1.28 support that has held for most of the year broke on June 1, and the price has kept dropping. The XRP price now trades around $1.15, with the broader crypto market ... XRP Loses $1.28 Support and Falls to $1.15: Should Holders Sell, Hold, or Buy More?
Michael Saylor calls the Bitcoin selloff a capital rotation into AI, not an impairment, as ETF outflows pressure prices.
Strategy Inc. (NASDAQ:MSTR) is one of the 10 technology stocks offering more than 50% upside. On May 7, Strategy Inc.’s (NASDAQ:MSTR) price target was increased by Canaccord Genuity from $185 to $224, as the firm retained its Buy rating on the stock. The firm emphasized that the company was able to survive a second round […]
$920 billion Wall Street giant Standard Chartered maintained its $100,000 Bitcoin price prediction despite the crash to $61K lows today. The investment bank claimed Bitcoin bottom is almost near to trigger a buy-the-dip sentiment. The bank also remained optimistic on Strategy’s aggressive Bitcoin buying and spot Bitcoin ETF inflows in the coming months. Ad Ad
Technical weakness in Bitcoin is beginning to spill over into Strategy and Coinbase, with both stocks showing deteriorating chart patterns and growing downside risk.