Bitcoin Breaks Below $60K as Strategy Sale Hits Market Confidence

Bitcoin (CRYPTO: $BTC) fell below $60,000 on Friday for the first time since October 2024, extending a selloff

Strategy’s leveraged Bitcoin model has faced its first stress test: Grayscale

Strategy’s leveraged Bitcoin model is stressed, which could limit the firm’s ability to keep buying BTC and potentially force further sales, according to Grayscale. “The shift in approach from one of the world’s largest BTC holders has weighed on market sentiment,
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Strategy Crashes 10%, Coinbase Falls 6% as Bitcoin Breaks $70,000 Floor in Day-Two Selloff

Shares of Strategy (NASDAQ:MSTR | MSTR Price Prediction) are down 10% in mid-morning trading Tuesday, while Coinbase (NASDAQ:COIN) stock is off 6%. The catalyst is the tape under both names: Bitcoin (CRYPTO:BTC) has broken below $70,
FinanceFeeds

Strategy’s Bitcoin Bet Falls Into $11 Billion Paper Loss

Strategy’s Bitcoin holdings have moved deep into paper-loss territory after BTC fell below the company’s average purchase price, renewing scrutiny of Michael
Decrypt

Strategy Shares Fall for Second Straight Day After $56 Billion Bitcoin Giant Sells BTC

Shares in the leading Bitcoin treasury firm Strategy (MSTR) are now more than 70% off their 52-week high after the company sold BTC.