Strategy Sees Its Largest Ever Unrealized Loss at Over $10 Billion

With Bitcoin falling hard this week and down nearly 50% from peak. Strategy's Michael Saylor is pointing the finger at the AI boom.

Bitmine's preferred stock offering follows Strategy's playbook with one critical difference: ETH staking yield gives the company a self-funding mechanism BTC doesn't.

Apyx's unique collateral model highlights the risks and potential instability of non-fiat-backed stablecoins during market volatility. The post Strategy’s STRC backed apxUSD slips below peg during Bitcoin selloff appeared first on Crypto Briefing.

Bitcoin fell to a low of $61,310 on June 4 as traders debated whether Strategy’s first net bitcoin sale since 2022 or billions in exchange-traded fund (ETF) outflows played the larger role in the market’s decline. Strategy Boss Blames $400B AI Spending Wave At 10 a.m. EDT, bitcoin was trading between $63,500 and $64,500. The […]

In a bid to access more capital for AI, tech giants are looking to take their shares public.

BitMine Immersion Technologies filed a 424B5 prospectus supplement to raise up to $300 million through Series A Perpetual Preferred Stock at a 9.5% cumulative dividend — applying Strategy's STRC capital-markets playbook to a corporate Ethereum treasury sitting on $9.2 billion in unrealized losses.

Strategy’s Bitcoin paper loss tops $11 billion as Saylor pointed to ETF outflows and AI infrastructure spending as factors pressuring BTC.

A Polymarket contract on whether Strategy sold Bitcoin by May 31 resolved to no after traders disputed how the sale should count.