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Traders were active in BlackRock’s iShares Bitcoin Trust ETF on Thursday as Bitcoin plummeted, falling 12% in the last 24 hours.
Bitcoin is down more than 40% from its October highs, but investors in spot Bitcoin ETFs have pulled 6.6% of assets.
Strategy executives Phong Le and Andrew Kang say the company is on a strong financial footing despite it now being down 17.5% on its Bitcoin holdings.
Bitcoin posted one of its single-largest intraday drops on Thursday, falling from roughly $73,100 at open to a low near $62,400.
Prominent publicly traded crypto treasury firms are underwater on their holdings as Bitcoin and Ethereum keep falling.
Bitcoin fell below 63,000 as investors reacted to dismal US economic data, a weakening stock market and fears of an AI industry bubble. Does data forecast a return to $90,000 by March?
Bitcoin's drop below Strategy’s roughly $76,000 average purchase price has pushed its holdings back into an unrealized loss.
Michael Saylor called his firm a “digital fortress," but leading Bitcoin treasury Strategy has taken some serious hits in recent months.
Bitcoin miners IREN and Cleanspark reported quarterly earnings Thursday afternoon, with both firms missing analysts' estimates.
Bitcoin Magazine Bitcoin Price Plunges Toward $60,000 as $1 Billion in Liquidations Hit in 24 Hours Bitcoin price is experiencing one of the most dramatic selloffs in its history Thursday, sliding sh...
The price of bitcoin fell from about $120,000 to $89,000 during the final three months of 2025.
The price of Bitcoin crashed below $63,000 on Thursday, not far above the average production cost of publicly traded miners.
