Here’s How Deeply Underwater Corporate Crypto Bets Have Become After Latest Crash

Strategy's Bitcoin-centric approach highlights the risks of asset concentration, potentially impacting shareholder value during market downturns. The post Strategy CEO Phong Le says buying Bitcoin is easier than selling appeared first on Crypto Briefing.

Capital rotation into artificial intelligence may have played a bigger role in Bitcoin’s latest selloff than most market watchers initially assumed. Michael Saylor, whose company Strategy recently sold a portion of its Bitcoin holdings, pushed back on criticism and pointed instead to an unprecedented flow of money into AI infrastructure as a key factor behind the drop. Related Reading: Bitmine Seeks $300M Raise To Accelerate Ethereum Accumulation Strategy Saylor Pushes Back On Blame Strategy’s Bitcoin sale briefly made Saylor a target. TV personality Jim Cramer went as far as to say Saylor had “murdered Bitcoin,” a claim Saylor denied outright. He argued that capital markets have been funding the AI buildout at historic scale — roughly $400 billion over six months — and that the pressure on Bitcoin was a rotation of capital, not a sign of structural damage to the asset. SBI Holdings Chair Yoshitaka Kitao echoed that view, pointing to the upcoming IPOs of SpaceX, Anthropic, and OpenAI a

Dogecoin is trading below $0.09 at the time of writing, which places it more than 88% from its May 2021 all-time high of $0.74, and overlooked in a market that has spent most of 2026 rotating around Bitcoin, Ethereum and XRP.  However, crypto analyst Javon Marks sees something in DOGE’s long-term chart that most traders are missing: a repeating pattern of increasing alt season performances that, if it holds, points to a target above $20 for the meme coin. Related Reading: Bitmine Seeks $300M Raise To Accelerate Ethereum Accumulation Strategy Dogecoin’s Alt-Season Pattern Technical analysis of Dogecoin’s movement on the weekly candlestick timeframe chart shows that the king of meme coins has delivered increasingly large moves during major altcoin cycles, with the 2017 and 2021 rallies serving as the foundation for the latest forecast. The weekly chart tracks Dogecoin’s price action across multiple market cycles, beginning from the early years of DOGE trading and extending into an alt-se

The significant losses highlight the volatility and risk of concentrating corporate treasuries in digital assets, impacting investor confidence. The post Strategy reports $13B loss, Bitmine $10B loss amid market decline appeared first on Crypto Briefing.

Grayscale's warning highlights potential market volatility and investor caution as Strategy's leveraged Bitcoin model faces financial strain. The post Strategy faces stress test as Grayscale warns leveraged Bitcoin model may force further sales appeared first on Crypto Briefing.

The XRP monthly relative strength index has fallen to 41.64, the lowest reading the indicator has ever recorded for the token — lower even than the 43.75 it hit in March 2020, when XRP bottomed out at $0.11 during one of crypto’s worst bear markets. Related Reading: Bitmine Seeks $300M Raise To Accelerate Ethereum Accumulation Strategy A Signal With A Caveat The current reading edges out that 2020 low, but it is not yet final. June is still open, and data shows that if XRP recovers to above $1.30 before the month ends, the RSI could close well above its current level, which would undercut the significance of the signal entirely. XRP market commentator Austin, who goes by that name in the XRP community, was the first to flag the RSI drop publicly. His initial chart showed the reading had fallen to 42.64 — itself a new all-time low at the time — as XRP slid to $1.18. Prices dropped further since then, pulling the RSI down to 41.62 at last check. The token is currently trading around $1.1

US government backing of Bitcoin could accelerate institutional adoption, but Strategy's evolving approach highlights potential financial risks. The post Strategy CEO Phong Le highlights US government support for Bitcoin appeared first on Crypto Briefing.

Strategys STRC hit a record low as Bitcoin fell below $60K, pressuring MSTR shares and its preferred stock structure. The post Strategy’s STRC sinks to record low as Bitcoin selloff drags crypto market lower appeared first on Crypto Briefing.