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Bitcoin dropped below $86,000 on Monday as nearly $1 billion in leveraged cryptocurrency positions were liquidated, extending a selloff that has erased almost 30% of the token's value since early October. The decline brought fresh momentum to a weeks-long downturn that has rattled digital asset mark

Michael Saylor is facing mounting criticism from market commentators, gold advocate Peter Schiff, and prominent crypto analysts after Strategy disclosed the creation of a $1.44 billion U.S. dollar reserve and signaled that it may sell Bitcoin under certain market conditions. The shift has sparked r

Strategy Inc. announced Monday the establishment of a $1.44 billion U.S. dollar reserve to support dividend payments on its preferred stock, while significantly cutting its full-year 2025 profit and bitcoin yield targets amid sharp declines in cryptocurrency prices. The bitcoin treasury company, led

Strategy would consider liquidating Bitcoin holdings only under extreme financial duress - specifically if the company's stock falls below net asset value and all capital-raising options disappear - CEO Phong Le disclosed in a recent interview. Le told the What Bitcoin Did podcast that if Strategy's

Michael Saylor, Executive Chairman of Strategy Inc., defended Bitcoin's price swings Wednesday, calling volatility essential to the cryptocurrency's performance rather than a weakness. He argued that stable, predictable growth would have allowed traditional investors like Warren Buffett to dominate