Reuters1d agobearish
Saylor's Strategy posts wider quarterly loss on bitcoin slumpMichael Saylor's Strategy reported a wider first-quarter loss on Tuesday, hammered by a slump in bitcoin prices that weighed on the value of its sizeable crypto holdings amid heightened market volatility. A sharp downturn in bitcoin prices since October, later exacerbated by escalating Middle East tensions, has underscored the vulnerability of digital assets to broader risk aversion, with investors leaning towards safer options amid concerns over lofty AI valuations and uncertainty around U.S. Federal Reserve policy. Though bitcoin prices have bounced back partially, the world's largest cryptocurrency has lost 7% in value in 2026.