Bitcoin Miner Stress Hits ‘Historically Rare’ Level as 20% of Miners Operate at a Loss
The reading arrives with bitcoin trading near $63,800 and nearly one in five miners producing coins at a loss
BTCNEAR
Market Pulse
Strategy’s Michael Saylor plans tactical Bitcoin sale, hints at larger buy
Saylor's strategy could enhance Bitcoin-per-share value, offering investors a leveraged Bitcoin proxy with potential yield benefits
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Bitcoin Rallies Above $63K as Trump Labels Himself a ‘Big Crypto Guy’ and Hints at Treasury Accounts
Bitcoin is climbing into new territory after absorbing all the sell pressure caused after Strategy sold off 3,588 BTC for about $216 million over four days, from June 29 to July 5
Grayscale says Strategy’s recent bitcoin sales should restore confidence in its financing structure
But this will restore confidence in its financing structure and help bitcoin find a more durable bottom."
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