A bitcoin and ether selloff is tanking shares of crypto treasury companies like Strategy and BitMine; Strategy's valuation is down from ~$128B in July to ~$70B
What It Means for the Broader Crypto Market Jamie Wilde / The Daily Upside : Rough Week Erases Most of Crypto's 2025 Gains Vivian Nguyen / Crypto Briefing : BitMine acquires $70M worth of Ether for treasury: on-chain data Wahid Pessarlay / Coinspeaker : Strategy Gearing Up to Buy Bitcoin While OG Whale Keeps Selling Rony Roy / crypto.news : Robinhood says no immediate plans to launch a cryptocurrency treasury Aliyu Pokima / ZyCrypto : Willy Woo Dismisses Bitcoin Liquidation Risk for Strategy in Future Bear Market X: @maverick_equity : Bitcoin -16% drawdown $BTC MicroStrategy -46% drawdown $MSTR All that ‘intelligent leverage’, high yield, perpetuals and ‘variable monthly dividend designed to maintain a stable price’ ... are not working anymore? 😇🙃😃 From -16% underlying to -46% in the portfolio = the new [image] LinkedIn: Gregory Zuckerman : NEW from me and Vicky Ge Huang : — The year's hottest crypto trade is crumbling. It's a key reason crypto prices have been under pressure … Forums: r/MSTR : WSJ: The Year's Hottest Crypto Trade Is Crumbling