BUSINESSBITCOIN MAGAZINE
Strategy (MSTR) Stock Craters 10%, Hits Two-Year Low as Bitcoin Crashes Below $60K, CryptoQuant Warns Company to Stop Buying
Strategy Inc. (MSTR) stock fell over 10% to a two-year low as Bitcoin dropped below $60,000, triggering $1.1 billion in crypto derivative liquidations. CryptoQuant warned the company to halt Bitcoin purchases due to strained capital reserves and growing dividend obligations, with the firm now holding $10.6 billion in unrealized losses on its Bitcoin holdings.
Mentioned
Related Signal
Adjacent reporting
- Strategy (MSTR) Sells Bitcoin for First Time in Years as Bitcoin Price Tumbles
- Bitcoin Stocks, Led By Strategy (MSTR), Take a Beating as BTC Price Sells Off
- Strategy Shares Fall to 4-Month Low as STRC Dips and Bitcoin Sinks Under $60K
- Bitcoin's crash to $65K triggers $1.8B in crypto liquidations
- Pantera Capital Urges Satsuma to Dump All Bitcoin as Shares Collapse 99%
- Bitcoin Slips Under $73K as Crypto Liquidations Near $1B