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Is MicroStrategy’s (MSTR) First Bitcoin Sale Since 2022 Quietly Rewriting Its Treasury Playbook?
Simply Wall St.59d agoneutral
Is MicroStrategy’s (MSTR) First Bitcoin Sale Since 2022 Quietly Rewriting Its Treasury Playbook?

Earlier this month, Strategy Inc. sold 32 Bitcoin for about US$2.5 million, its first sale since 2022, to fund preferred stock dividends, breaking its prior “never sell” stance while still holding more than 843,000 BTC on its balance sheet. This small but symbolically important move has intensified scrutiny of Strategy’s leveraged Bitcoin treasury model and its growing reliance on preferred equity financing to support that approach. With the company’s share price under pressure, we’ll...

Bitcoin News Today: BTC Back Above $63K as Saylor Hints at a Fresh Buy
99bitcoins59d agobullish
Bitcoin News Today: BTC Back Above $63K as Saylor Hints at a Fresh Buy

In Bitcoin news today, the asset crashed to $59,100 on June 5, its lowest print of 2026, and the reason it happened matters more than the number itself. In a single 24-hour window, 351,233 traders were liquidated across crypto markets, wiping out $1.75Bn in positions. However, over the weekend, the ...

Bitcoin Recovering After Last Week's Sharp Selloff
Barrons.com59d agobearish
Bitcoin Recovering After Last Week's Sharp Selloff

Bitcoin was recovering tentatively after hitting a 20-month low on Friday below the key $60,000 level. The "fragile" recovery reflects renewed exchange-traded funds inflows after a 13-day $4.4 billion outflow streak and major crypto holders continuing to signal long-term accumulation, Zaye Capital Markets analyst Naeem Aslam said in a note.

Bitcoin Steadies After $60,000 Breach as Saylor Hints at Buying
Bloomberg59d agoneutral
Bitcoin Steadies After $60,000 Breach as Saylor Hints at Buying

(Bloomberg) -- Bitcoin steadied in Monday trading after dropping below $60,000 late last week as Strategy Inc. Chairman Michael Saylor hinted at further purchases.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Strikes Iran After Missile Attack, Imperiling Trump TalksKorean Stocks Tumble as Unwinding AI Trades Threaten B

MSTX Lost 89 Percent From Its August 2024 Peak, and Friday’s Payroll Print Showed Why Leverage Decay Never Stops
24/7 Wall St.60d agobullish
MSTX Lost 89 Percent From Its August 2024 Peak, and Friday’s Payroll Print Showed Why Leverage Decay Never Stops

If you bought Defiance Daily Target 2X Long MSTR ETF (NASDAQ:MSTX) at the open on Friday, June 5, 2026, you watched $18.10 turn into $15.54 by the close, a 14% drop in a single session. If you owned it for the week, the damage was worse. The fund opened Friday May 29 at $28.14 and ... MSTX Lost 89 Percent From Its August 2024 Peak, and Friday’s Payroll Print Showed Why Leverage Decay Never Stops

MSTU Down 95% in a Year, How a 2x Daily Fund Lost Nearly Everything While Its Underlying Fell 67%
24/7 Wall St.60d agoneutral
MSTU Down 95% in a Year, How a 2x Daily Fund Lost Nearly Everything While Its Underlying Fell 67%

A $10,000 stake in the T-REX 2X Long MSTR Daily Target ETF (NASDAQ:MSTU) bought at Thursday’s close was worth about $8,633 at Friday’s bell, a roughly 14% single-session drawdown from $3.95 to $3.41. The fund’s mirror product traveled the same path. The underlying, Strategy (NASDAQ:MSTR), the company formerly known as MicroStrategy, fell about 7% from ... MSTU Down 95% in a Year, How a 2x Daily Fund Lost Nearly Everything While Its Underlying Fell 67%

Tom Lee is sitting on nearly $9B in losses as ethereum slides lower
Yahoo Finance Video61d agoneutralVIDEO
Tom Lee is sitting on nearly $9B in losses as ethereum slides lower

Scott Melker discusses how Bitmine chairman Tom Lee is reportedly sitting on $9 billion in unrealized ethereum (ETH-USD) losses as the crypto asset has slid below $1,600. Lee currently owns 4.4% of all ethereum tokens. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

There Are Millions of Crypto Tokens. Almost None Have Any Value
Bloomberg61d agoneutral
There Are Millions of Crypto Tokens. Almost None Have Any Value

(Bloomberg) -- Charles Hoskinson is angry.Most Read from BloombergTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalBecerra Advances for California Governor as Hilton Fights SteyerNasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets WrapSpaceX Inks $30 Billion Computing Power Deal With GoogleSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PThe founder of Cardano, one of the world’s largest cryptocurrency networks, recently posted a video warning users to brace fo

Analyst who nailed 2021 Bitcoin crash sends another warning
TheStreet61d agobearish
Analyst who nailed 2021 Bitcoin crash sends another warning

Benjamin Cowen, the analyst widely credited with calling the 2021 crypto collapse, has issued another sobering read on the market. The warning capped a punishing week. It began when Strategy (NASDAQ: MSTR) made its first Bitcoin (BTC) sale in years. It might have been a tiny 32 BTC against its ...

Gold bull warns Bitcoin could face ‘Black Monday’
TheStreet61d agoneutral
Gold bull warns Bitcoin could face ‘Black Monday’

Bitcoin fell below $60,000 on June 5 for the first time since October 2024, extending a sell-off that has erased all gains made since US President Donald Trump’s election victory. The decline followed Strategy’s first Bitcoin sale since 2022, continued outflows from US spot Bitcoin exchange-traded ...