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Russia's largest Bitcoin (BTC) mining firm entered bankruptcy proceedings after years of financial deterioration and mounting creditor claims. A regional court initiated insolvency supervision against Fox Group, which controls 98% of BitRiver, on Jan. 27. CEO Igor Runets was placed under house arres

Strategy Inc. on Monday disclosed that it purchased 855 Bitcoin (BTC) for approximately $75.3 million during the week ended February 1, using proceeds from equity sales, according to a filing with the U.S. Securities and Exchange Commission. The company said the Bitcoin was acquired at an average pr

Digital asset investment products recorded $1.7 billion in outflows for a second consecutive week, flipping year-to-date flows to a net negative $1 billion and marking what CoinShares described as a significant deterioration in investor sentiment toward the cryptocurrency sector. What Happened: Cryp

Bitcoin (BTC) briefly fell below $75,000 on Feb. 1, pushing Strategy's 712,647-coin treasury into unrealized losses that momentarily approached $1 billion before the cryptocurrency staged a modest rebound. What Happened: Strategy Treasury Dips Into Red The world's largest corporate Bitcoin holder sa

Bitcoin (BTC) plunged to $77,000 on Sunday, marking its lowest level since April 2024, as derivatives market liquidations surpassed $1.6 billion and the broader cryptocurrency sector shed approximately $111 billion in market capitalization within 24 hours. What Happened: Market Capitulation The sell