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Saylor-led Strategy’s quarterly losses widen as bitcoin faces another reckoning
Strategy posted a wider fourth-quarter loss as bitcoin volatility dragged down the value of its massive crypto holdings, sending shares lower despite Michael Saylor’s confidence in long-term regulatory and institutional support.
Bitcoin tumbles below $70,000, wiping out gains since Trump 2024 win
Bitcoin slid below $70,000 as investors worried a more hawkish Fed under Kevin Warsh could drain liquidity from crypto.
Bitcoin hoarder Strategy buys $2.13B in bitcoin in eight days
Jan 20 (Reuters) – Billionaire Michael Saylor‘s bitcoin-focused firm Strategy said on Tuesday it bought about $2.13 billion worth of bitcoin over the past eight days, stepping up purchases even as its stock has been pressured by cryptocurrency volatility. The Tysons-based company acquired roughly 22,305 bitcoin between the period of Jan. 12 and Jan. 19, […]
Bitcoin tops $118,000 for the first time, and keeps on going
Bitcoin has reached an all-time high, surpassing $118,000 as a flood of money moves into spot bitcoin ETFs, which have opened up cryptocurrency investing to millions. A soft U.S. dollar and the digital currency friendliness of President Donald Trump’s administration has also helped to push the price of bitcoin to unprecedented levels recently. Last month the Senate passed legislation th[...]
