Bitcoin dropped to its lowest level in nearly two months.
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Bitcoin dropped to its lowest level in nearly two months.
Wall Street's main stocks are expected to open generally lower on Tuesday, despite oil prices and bond market pressure easing after President Trump said Hezbollah and Israel had agreed to "stop shooting" at each other. Dow Jones futures were down 214 points or 0.4%, while S&P 500 and...
Michael Saylor, the founder of Strategy, has spent years urging his social-media followers to never sell bitcoin. “Sell a kidney if you must, but keep the bitcoin,” he urged early last year. Now his bitcoin-hoarding firm has decided to sell some of its holdings to stay solvent.
Find insight on Blackstone, Australian banks and more in the latest Market Talks covering Financial Services.
(Bloomberg) -- Bitcoin dipped below $70,000 for the first time in almost two months, as concerns about the conflict in Iran and selling by major holder Strategy Inc. dented investor appetite.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedAndrew Left Found Guilty in Case That Spoo
↘️ Alphabet (GOOGL): The stock fell more than 2.5% premarket after the company said it plans to raise $80 billion to help finance AI infrastructure investments. Shares in Berkshire Hathaway (BRK.B), which agreed to buy $10 billion of stock, are little changed ahead of the bell.
Strategy's $21.29 billion in obligations would equal its treasury value at $25,200 Bitcoin, where MSTR's residual equity would be zero, said analyst James Check.
In crypto news today (June 2), the market has gone into a mini-meltdown as Bitcoin crashed below $70,000 in this European morning trading session, falling by -3.8% overnight. The crash caused more than $766M in daily liquidations, with over $600M of that figure being long trades. This price action hasn’t ...
Bitcoin price fell below $70,000 after Mt. Gox moved $739 million in BTC. We break down what comes next now.
Bitcoin fell to near a two-month low in the wake of news Strategy sold the cryptocurrency for the first time since 2022 and amid ongoing Middle East tensions. Strategy said Monday it sold 32 bitcoin last week for about $2.5 million. Meanwhile, the U.S. and Iran are yet to reach a peace deal while clashes continued in southern Lebanon despite Israel and Hezbollah agreeing a partial ceasefire.
Strategy (MSTR) sold 32 Bitcoin between May 26 and May 31, 2026, raising about US$2.5 million to help fund preferred stock dividends, a rare sale that has drawn close investor attention. See our latest analysis for Strategy. The share price has reacted quickly to the first Bitcoin sale since 2022, with a 1 day share price return of down 5.85% and a 30 day share price return of down 15.46%. At the same time, the 90 day share price return of 12.89% and 3 year total shareholder return of about...
Anthony Pompliano, CEO of Professional Capital Management, stated on Monday that selling pressure on Bitcoin (CRYPTO: BTC) appears to be easing, pointing to on-chain data from Binance Research. ‘Sustained Long-term Holder Conviction’ In a video posted on X, Pompliano cited four key data points to back his thesis. First, he noted that nearly 60% of Bitcoin has not moved in a year, a significant increase from 27% in 2012. This, according to him, was an indication of Bitcoin becoming more “illiquid
Ethereum price defends $2,000 after a $44 million whale short, but Hyperliquid flow data shows traders buying against the selloff.
Leading cryptocurrencies plunged on Monday, while stocks extended their rally as President Donald Trump intervened to calm tensions between Israel and Hezbollah in Lebanon. Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:15 p.m. EDT)Bitcoin (CRYPTO: BTC)-3.00%$71,276.47Ethereum (CRYPTO: ETH) -0.40%$1,995.49XRP (CRYPTO: XRP) -3.23%$1.28Solana (CRYPTO: SOL) -1.81%$80.80Dogecoin (CRYPTO: DOGE) -0.03%$0.1005 ‘Extreme Fear’ Returns Bitcoin dived below $71,000 for the first time since mid-April as
Polymarket faces backlash after MicroStrategy's 32 BTC sale moves Bitcoin sale market into 'No' territory. What you need to know.
Anthropic has filed for an IPO and Strategy finally sold bitcoin for the first time since 2022.
Yahoo Finance Senior Report David Hollerith joins Josh Lipton on Market Domination to discuss Michael Saylor's sale of $2.5 million worth of bitcoin (BTC-USD).
Polymarket users are waiting for a resolution on whether Strategy's Bitcoin sale took place before the end of May—with over $50 million bet so far.
Exchange-traded funds (ETFs) that track the spot price of Bitcoin (CRYPTO: $BTC) have recorded their biggest weekly...
Strategy sold 32 bitcoin between May 26 and May 31 at an average price of $77,135. Proceeds will fund distributions on its preferred stock. The news pushed bitcoin under $72,000. CoinDesk's Sam Ewen hosts "CoinDesk Daily."
The bitcoin-hoarding firm founded by Michael Saylor sold 32 coins last week for $2.5 million to fund distributions on its preferred stock
Michael Saylor just backtracked from his "never sell your Bitcoin" stance, and the markets noticed. On May 31, Saylor made his famous "orange dot" post on X, which usually shows up right before announcing a new Bitcoin (BTC) purchase. He wrote, "Working ₿etter." But barely 24 hours later, a filing ...
Strategy sold 32 BTC (~$2.5M) to help fund preferred stock dividend payments. The sale represented just 0.004% of its 843,706 BTC holdings and was made ...
The bitcoin-hoarding firm says it sold the cryptocurrency to fund distributions on its preferred stock.
Strategy sold about $2.5 million of Bitcoin as investors questioned its long-standing hold strategy.
Strategy Inc (NASDAQ:MSTR) was one of the stocks on Jim Cramer’s radar on Mad Money as he explained that many investors might be missing out on the market’s biggest winners. Inquiring about the stock, a caller noted they have a large position and highlighted that it has been down over the last couple of months. […]
Strategy's latest move to sell some of its bitcoin was telegraphed clearly enough—but investors seem a little surprised, or at least displeased, nonetheless.
A 32-bitcoin sale generating $2.5 million marks a shift as preferred stock obligations mount.
Things end with a whimper, not a bang, T.S. Eliot theorized in his 1925 poem “The Hollow Men,” a bleak assessment of life after the first world war. Bitcoin ongoing decline, and 40% slump from the heady heights of its late October record, might be undergoing a similar evolution, losing its luster to one of the biggest tech rallies on record and suffering some big name exits as it reaches the lowest levels since early April. Mark Cuban, the billionaire former “Shark Tank” regular and erstwhile critic of President Donald Trump, dumped nearly all his bitcoin holdings late last month, saying the original digital currency has “lost the plot.”