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The Nexus
BUSINESSJun 24 · 18:06 UTCBITCOIN MAGAZINEMicah Zimmerman

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.

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