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Strategy Faces Billions in Bitcoin Losses Amid Crypto Selloff, Advised to Halt Buys

CryptoQuant previously advised Michael Saylor's company, Strategy, to pause its bitcoin purchases and rebuild cash reserves. The company is now reportedly facing over $13 billion in unrealized bitcoin losses due to a recent crypto market selloff.

25 Jun, 14:32 — 25 Jun, 14:32
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cnbcMostly Factual50d ago

Strategy should halt bitcoin buys and bolster cash reserves, CryptoQuant says

Michael Saylor's Strategy should pause its bitcoin purchases and rebuild its cash reserves, according to a CryptoQuant report.

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Coverage Timeline

First report: cnbc · 25 Jun, 14:32Full coverage: 2 · 18hWindow: 18h
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cnbc25 Jun, 14:32First to report

Strategy should halt bitcoin buys and bolster cash reserves, CryptoQuant says

18h later
seeking-alpha26 Jun, 08:18Latest update

Strategy faces $13B+ in unrealized bitcoin losses amid crypto selloff

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