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Strategy bought 1,550 Bitcoin (BTC) for about $101 million, two weeks after its first BTC sale since 2022. Key Points: Strategy lifted its Bitcoin treasury to 845,256 BTC after buying between Jun. 1 and Jun. 7. The firm had sold 32 BTC in late May to cover dividends on STRC preferred shares. Michael

Michael Saylor called on Bitcoin (BTC)'s four ideological camps to unite Friday, as his firm's paper losses topped $11 billion with the token near $61,000. Key Points: Saylor mapped four Bitcoin camps: maximalists, capitalists, technologists, and fundamentalists. He pressed the groups to unite, call

Michael Saylor said capital fleeing into the artificial intelligence boom, not weakness in Bitcoin (BTC), drove the asset's slide toward $61,000 this week. Key Points: Saylor framed Bitcoin's drop as a capital rotation into AI, rejecting claims that Strategy's selling caused it. Spot Bitcoin ETFs ha

Strategy is carrying its largest unrealized loss ever, more than $10 billion on paper, as Bitcoin (BTC) slides toward $61,000 and drags the treasury into the red. Key Points: Strategy's paper loss on Bitcoin has topped $10 billion, the biggest in its history, after a 17% drop in the position's value

Bitcoin’s (BTC) latest selloff may be nearing exhaustion, with Standard Chartered’s Geoffrey Kendrick arguing that the market could soon look back at current levels as a key buying zone if two major stress points ease in the coming days. In a note sent to Yellow.com, Kendrick said the week had been