Saylor Blasts Bitcoin Doom Narrative, Says $400B AI Frenzy Drained Crypto Capital
Bitcoin fell to a low of $61,310 on June 4 as traders debated whether Strategy’s first net bitcoin sale since 2022 or billions in exchange-traded fund (ETF) outflows played the larger role in the market’s decline. Strate...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
Bitcoin is showing up inside the Security Incidents theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on Bitcoin NewsRelated market context
Strategy’s Weekly STRC Buyback Climbs to $205 Million While Its Bitcoin Stack Stays Put
Strategy spent $204.9 million repurchasing 2,068,459 shares of its STRC preferred stock between Oct. 19 and Oct. 25 and bought no...
Strategy makes record $205 million STRC buyback as Strive spends $511 million on Bitcoin
Bitcoin treasury firms Strategy and Strive made record purchases last week, but directed their capital toward different assets. Wh...
Strategy Skips Bitcoin Buy, Spends $205M Repurchasing STRC Instead
Michael Saylor’s Strategy paused its bitcoin accumulation last week, instead spending nearly $205 million repurchasing its preferr...
Pump Fun offers $2.5M prize as traders boycott its missing airdrop
Crypto traders are boycotting the memecoin platform Pump Fun this week over the firm’s lack of airdrop, numerous rug pulls, and it...
Strategy (MSTR) Pauses Bitcoin Buying and Spends $205 Million on Preferred Stock
Bitcoin Magazine Strategy (MSTR) Pauses Bitcoin Buying and Spends $205 Million on Preferred Stock Strategy reported no bitcoin pur...
Bitcoin’s Bear Market Is Over, Galaxy Says
Bitcoin Magazine Bitcoin’s Bear Market Is Over, Galaxy Says Galaxy Research believes bitcoin’s bear market ended in June and that...