Bitcoin seems to stabilize
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Bitcoin’s selloff means Strategy is now losing money on its holdings, which it has been accumulating for nearly six years.
Financial markets tumbled Feb. 5 on fears about AI and the economy.
Bitcoin outlook turns bearish as Pivotus’ Richard Farr targets BTC at $0 and Michael Burry warns of a “death spiral.” Get the risks and key levels now.
Bitcoin is acting weird. The world’s most famous cryptocurrency has tumbled 44% from its October peak, falling below $70,000 Thursday for the first time in 15 months.
The bitcoin price crashed to $69,000 in trading Thursday as a deepening selloff in global markets spilled into crypto markets.
Strategy Bitcoin holdings reached 713,502 BTC—3.4% of total supply. Here's how the 42/42 Plan could push holdings past 1 million BTC by 2027.
Shares have retreated in Asia on heavy selling of technology stocks, while the price of bitcoin fell as much as 8%.
Strategy’s latest Bitcoin purchase failed to lift its stock price as dilution concerns, volatility, and market timing overshadowed the announcement during a sha
Even the bulls are turning cautious on Strategy.