BTC downtrend risk builds near $60K as MSTR drops 81% from ATH, erasing $153B while Strategy holds 847,363 Bitcoin. Bitcoin pressure has returned as traders watch the $60,000 support area and Strategy’s falling share price. MSTR remains closely tied to Bitcoin sentiment. Michael Saylor’s MSTR reportedly hit $103 yesterday, its lowest level in nearly 23 […]
The post BTC Downtrend Risk Builds Near $60K as Michael Saylor’s MSTR Sinks 81% from ATH appeared first on Live Bitcoin News.
In crypto news today (June 24), Bitcoin is struggling to reclaim $63,000, and this weakness has sparked fears that a drop to $60,000 is coming next. Although BTC/USD is stuck in a tight range, Michael Saylor’s Strategy has begun buying Bitcoin again. Liquidations have cooled off from yesterday, with just $346M picked up, down from..
The post Crypto News Today (June 24): BTC Struggling to Reclaim $63K, THORChain Resumes Trading, and Chainlink Joins Bank Stablecoin Push appeared first on 99Bitcoins.
Strategy has increased its cash reserves by $300 million while adding 520 Bitcoin worth roughly $35 million, highlighting a growing focus on liquidity alongside continued cryptocurrency purchases. According to a June 22 filing, the company acquired 520 Bitcoin at an…
Strategy founder Michael Saylor announced Monday that the company acquired 520 bitcoin for approximately $35 million, a noticeably smaller tranche than recent weeks, bringing the firm’s total reserve to 847,363 BTC. Smaller Buy, Same Cadence The purchase marks the third consecutive week of bitcoin accumulation for Strategy. Saylor disclosed the transaction in a Monday morning […]
Michael Saylor's Orange Dots post hints at a third consecutive weekly Bitcoin purchase as US-Iran talks push BTC back above $64,000.
The post Michael Saylor Orange Dots Pattern Points to Third Straight Strategy Bitcoin Buy appeared first on 99Bitcoins.
Michael Saylor’s latest orange-dot chart sparked fresh speculation that Strategy may have acquired additional bitcoin, drawing attention to the company’s massive 846,842 BTC treasury. Strategy’s Expansive Bitcoin Holdings Draw Renewed Attention Following Release of New Chart On June 21, Strategy Executive Chairman Michael Saylor shared his signature orange-dot chart on X, a graphic that has […]
Bitcoin realized losses remain near 234K BTC as Michael Saylor stays bullish and full capitulation remains absent. Michael Saylor has stayed bullish on Bitcoin as traders review new realized loss data. The data suggests full market capitulation has not appeared during the latest downturn. The Strategy co-founder said Bitcoiners agree on the 99% that matters. […]
The post Michael Saylor Stays Bullish as Bitcoin Capitulation Remains Elusive appeared first on Live Bitcoin News.
STRC’s slide below par has emboldened critics, slowed Strategy’s Bitcoin buys and sparked debate over whether Michael Saylor’s BTC flywheel is still fine.
Strategy’s bitcoin position has swelled to 846,842 BTC after surviving a dramatic 2022 crypto market downturn that put its balance sheet and stock price under intense pressure. Michael Saylor said the company raised over $60 billion, added 716,000 BTC, and now holds reserves exceeding debt by about $48 billion. From Bear Market Brink to Bitcoin […]
Strategy’s Bitcoin comeback shows reserves now exceed debt by $48B after raising $60B and adding 716,000+ BTC since 2022. Michael Saylor’s latest remarks place Strategy’s Bitcoin strategy under renewed scrutiny, following the company’s shift from late-2022 balance-sheet pressure to a much larger reserve position today. In October 2022, Bitcoin traded near $20,000, while Strategy held […]
The post Saylor’s Bitcoin Comeback: How Strategy Turned Debt Fear Into a $48B Cushion appeared first on Live Bitcoin News.
Strategy co-founder Michael Saylor has defended the company’s Bitcoin-backed capital strategy after its STRC preferred stock fell well below its $100 par value and triggered fresh criticism from market participants. According to a June 20 X post by Saylor, Strategy’s…
Cryptoquant CEO Ki Young Ju has warned that BTC’s biggest threat is not a crash but “boredom,” arguing a years-long sideways grind would expose the danger in Michael Saylor’s STRC preferred-stock machine. The Boredom Thesis Ki Young Ju, chief executive of analytics firm Cryptoquant, has reframed the bear case in a way that cuts against […]
Bitcoin fell to around $62,000 on Friday, while CryptoQuant CEO Ki Young Ju warned that Michael Saylor’s continued accumulation strategy may not be enough to address what he considers the market’s most serious threat. In a June 19 X post,…
In crypto news today (June 19), Bitcoin has fallen another -2% overnight, dropping below $64,000, with ETF flows bleeding once more, while Michael Saylor’s STRC stock continues to crash, fueling fears that Strategy will be forced to dump Bitcoin to stabilize the STRC price. Liquidations have picked up, with over $452M over the past 24-hours..
The post Crypto News Today (June 19): BTC Crashes Below $64K, Kalshi IPO Rumors Begin and G7 Leaders Target North Korean Crypto Hackers appeared first on 99Bitcoins.
STRC, Strategy Inc.’s variable-rate preferred stock built to hover near $100, instead flirted with the basement Thursday, printing a fresh intraday low near $82.53 before clawing back to close at $88.59. Why STRC’s Wild Session Matters to Bitcoin Treasury Bulls The move was not some polite tremor in the market’s teacup. STRC traded more than […]
