Bitcoin Plummets to October 2024 Lows Amid Sell-Off and Market Divergence Bitcoin extended its losses on Friday, dropping to levels not seen since October 2024, marking a significant decline for crypto investors. The cryptocurrency fell to $59,099.25, its lowest point since October 2024, and closed at $61,514.90, down 3.4% for the day. The weekly loss totaled 16%, reflecting a sharp correction after a series of market-moving events. The downturn began following Strategy, a company founded by Michael Saylor, which sold a portion of its bitcoin holdings. This action triggered widespread selling and led to hundreds of millions of dollars in liquidations, intensifying downward pressure. The decline accelerated further after a stronger-than-expected May jobs report pushed Treasury yields higher, which in turn pressured risk assets like cryptocurrencies. Strategy’s shares ended the day down 6.9%, with the broader bitcoin market declining 24% for the week. This marked the worst weekly performance since November 2022. At the $60,000 level, bitcoin is now down more than half from its all-time high of approximately $126,000, reached in October 2025. Analysts attributed the weekly decline to a combination of factors. Charles-Henry Monchau, chief investment officer at Syz Group, highlighted the impact of Strategy’s selling and the crowding-out effect of speculative money chasing other assets. He noted that investors are heavily allocating funds to AI stocks and memory chips, particularly in South Korea, while anticipating that upcoming major IPOs will divert retail capital into new equities. The absence of a key regulatory catalyst further weighed on bitcoin’s performance. The Clarity Act, a proposed crypto market structure bill aimed at improving investor protections, is now seen as increasingly out of reach.#bitcoin #strategy #michael_saylor #clarity_act #zcash
Strategy Sells Bitcoin for First Time Since 2022 Amid Market Volatility Michael Saylor’s Strategy, the cryptocurrency-focused company he co-founded, sold 32 bitcoin coins for $2.5 million between May 26 and May 31, marking its second-ever bitcoin sale and the first since December 2022. The transaction averaged $77,135 per coin, according to a filing released on Monday. The sale coincided with a broader decline in the bitcoin price, which fell 2% to its lowest level since April 13, and a 5.85% drop in Strategy’s stock. The company also sold 801,994 shares of common stock during the same period, raising $128.3 million. The decision to sell bitcoin aligns with Strategy’s recent pivot from Saylor’s long-standing “never sell” approach to a more active management of its balance sheet. The company now considers selling bitcoin if it improves bitcoin-per-share metrics, pays dividends, or strengthens its financial position. This shift reflects a broader strategy to transform its bitcoin holdings into a credit engine, leveraging investor demand for income products to grow its holdings faster than through direct purchases. Strategy’s CEO, Phong Le, emphasized the importance of increasing bitcoin per share during an earnings call in early May. “We want to be net aggregators of bitcoin – increasing our total bitcoin, but more importantly, increasing our bitcoin per share because we think that is what is going to be most accretive long term for MSTR,” Le stated. The company’s new focus includes STRC, a yield-paying security that allows investors to earn income backed by Strategy’s bitcoin-heavy balance sheet. This product aims to turn the company’s bitcoin holdings into a credit engine, where investor demand for income-generating assets can drive growth without relying solely on buying and holding bitcoin.#bitcoin #strategy #michael_saylor #phong_le #strc
Bitcoin Faces Sharp Decline as Market Narratives Shift and Liquidity Diversifies Bitcoin is experiencing its most severe weekly decline in months, driven by a loss of dominant market narratives and a shift in investor liquidity toward other assets. The flagship cryptocurrency has dropped 13% this week, heading toward its worst performance since February, according to Coin Metrics. Analysts attribute the downturn to a lack of fresh catalysts to sustain demand, combined with a broader market trend where investors are reallocating capital to sectors with clearer short-term growth prospects, such as the chip rally and the SpaceX IPO. The decline has been exacerbated by a prolonged outflow from bitcoin ETFs, which have recorded their longest streak of net outflows—13 consecutive days—since tracking began. Total assets in these funds have fallen to $82.8 billion from $107.8 billion on May 14, according to SoSoValue. Citi analyst Alex Saunders highlighted that these ETF flows account for approximately 45% of weekly price variations, making them a critical indicator of investor sentiment. Without renewed demand, bitcoin remains vulnerable to sharp, flow-driven price movements. A key trigger for this week’s downturn was a surprise disclosure by Michael Saylor’s Strategy, which revealed the sale of 32 BTC for $2.5 million to fund preferred stock dividend obligations. This marked the company’s first bitcoin sale since 2022 and its second ever. While the sale represented less than 0.004% of Strategy’s holdings, it marked a departure from Saylor’s previous “never sell your bitcoin” stance. The move eroded investor confidence, leading to a cascade of long liquidations. Crypto exchanges recorded $594 million in long liquidations within 24 hours, as leveraged traders forced to cover losses sold their holdings.#bitcoin #strategy #spacex #michael_saylor #advanced_micro_devices
Vijay's victory script: Star power, strategy, social base #strategy #Star_power #social_base #Vijay_victory #victory_script
Europe’s innovation strategy is failing. Here’s how to fix it Most companies based here are too advanced to compete with emerging markets, yet not agile enough to rival the high-tech innovation of the US and China. #Europe #strategy #innovation #innovation_strategy #failing #emerging_markets #high-tech_innovation
Bitcoin vs. Strategy: What Is the Better Investment for 2026 and Beyond? Since its inception in 2009, Bitcoin has evolved from a niche digital currency to a globally recognized financial asset with a market cap exceeding $1.4 trillion. Its decentralized nature, fixed supply, and resistance to government control have made it a compelling long-term investment for many. However, as Bitcoin’s influence grows within traditional capital markets, new opportunities for exposure have emerged. One such opportunity is Strategy, a company led by Michael Saylor that has positioned itself as a leader in Bitcoin-backed financial innovation. The question remains: which asset—Bitcoin itself or Strategy—offers a better investment path for 2026 and beyond? Bitcoin’s core philosophy centers on independence from traditional financial systems. Advocates argue that the most authentic way to invest in Bitcoin is to purchase it directly and store it in cold storage, a method that eliminates counterparty risk and ensures full control over private keys. This approach mirrors the ownership of physical assets like gold or cash, where no third party holds the value. For those prioritizing security and autonomy, holding Bitcoin in self-custody remains the preferred strategy. Additionally, Bitcoin’s utility as a medium of exchange continues to expand, with over 22,000 businesses worldwide accepting it as payment by the end of 2025—a significant increase from 12,751 a year earlier. Strategy, on the other hand, offers a different kind of exposure. The company operates as a Bitcoin treasury, raising capital through equity and fixed income markets to accumulate Bitcoin holdings. As of early March 2026, Strategy holds nearly 721,000 Bitcoin units, making it the largest corporate holder of the cryptocurrency.#bitcoin #strategy #bitcoin_treasury #michael_saylor #cold_storage
Why This Analyst Is Betting That MicroStrategy Stock Can Gain 25% from Here The world’s largest cryptocurrency, Bitcoin, is currently facing a decline as geopolitical tensions intensify and oil prices rise, contributing to a broader downturn in the crypto market. Despite this, some analysts remain optimistic about Bitcoin’s long-term trajectory. B.Riley Securities analysts have recently initiated coverage of MicroStrategy, the Bitcoin treasury company, with a “Buy” rating and a $175 price target, suggesting a potential 26.5% increase from current levels. This assessment highlights the company’s unique position in the market, driven by its strategic focus on cryptocurrency holdings and its differentiated capital structure. MicroStrategy, now rebranded as Strategy, has evolved from a business intelligence software provider into a prominent Bitcoin treasury firm. The company holds substantial cryptocurrency reserves, which have become a core part of its business strategy while maintaining its software development roots. With a market capitalization of $46.2 billion, Strategy operates in a sector that has seen significant volatility. Over the past 52 weeks, its stock has declined by 48.48%, and it is down 10.97% year-to-date. The stock reached a 52-week high of $457.22 in July 2025 but has since dropped 70% from that peak, while its 52-week low of $104.17 was surpassed by a 31.8% rebound. The company’s valuation has also been affected by the broader market downturn. Its forward-adjusted price-to-earnings ratio of 2.72x is significantly lower than the industry average of 21.76x. However, Strategy’s recent financial performance offers some optimism. On February 5, the company reported its fourth-quarter results for fiscal 2025, revealing total revenue of $122.99 million. It achieved a full-year 2025 BTC Yield of 22.#bitcoin #strategy #b_riley_securities #microstrategy #btc_yield
Michael Saylor’s Strategy Adds 3,015 BTC as Bitcoin Holds Steady Despite U.S.-Iran War Michael Saylor’s company, Strategy, has announced another weekly Bitcoin purchase, acquiring 3,015 BTC between February 23 and March 1. This marks the company’s 10th consecutive weekly purchase, continuing a trend that began in December of the previous year. The move comes as Bitcoin remains stable amid escalating tensions between the U.S. and Iran. Meanwhile, the company’s stock, MSTR, is trading slightly lower in premarket sessions, reflecting the broader market’s cautious stance. According to an SEC filing, Strategy spent $204.1 million to acquire the 3,015 BTC at an average price of $67,700 per Bitcoin. This brings the company’s total Bitcoin holdings to 720,737 BTC, valued at $54.77 billion at an average cost of $75,985 per coin. The purchase was funded using proceeds from the sale of 1.7 million MSTR shares, which generated $229.9 million in net proceeds, and 71,590 STRC shares, which contributed $7.1 million. Saylor’s decision to continue buying Bitcoin aligns with his public statements about the company’s long-term strategy. Despite Bitcoin trading below its average entry price, Strategy remains committed to its holdings, acknowledging an unrealized loss of over $7 billion. However, Saylor has emphasized that the company is prepared to weather the current market downturn without needing to liquidate its Bitcoin reserves. The ongoing U.S.-Iran conflict has introduced volatility into the cryptocurrency market, with Bitcoin briefly dropping to $63,000 following the initial U.S. attacks on Iran. However, the asset has since stabilized, trading above $65,000. Analysts note that the situation remains tense, with potential for further price swings depending on the conflict’s progression.#bitcoin #strategy #sec #michael_saylor #us_iran_war
If Xbox is 'recommitting' to its console, what does that mean for its recent 'everything is an Xbox' strategy? Divining meaning from the words of Microsoft Gaming's new CEO. #console #Xbox #Microsoft_Gaming #recommitting #strategy #recent
