PWC News
Friday, May 8, 2026
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

Strategy faces $3.8 billion loss as Bitcoin sinks under $71K on Saylor’s birthday

Home Cryptocurrency
Share on FacebookShare on Twitter


Technique, the world’s largest crypto treasury agency, has seen unrealized losses on its Bitcoin holdings attain $3.8 billion amid a pointy market downturn that drove the crypto asset beneath $71,000.

The latest sell-off, falling on Michael Saylor’s birthday, sparked $777 million in liquidations in 24 hours, largely from lengthy bets.

Bitcoin has declined roughly 19% thus far this 12 months and now trades at ranges final seen across the 2024 election, TradingView knowledge reveals.

Technique holds 713,502 BTC acquired for roughly $54.3 billion at a mean worth of round $76,000 per coin.

MSTR shares are additionally underneath strain, closing Wednesday down 3% at $129 and slipping additional in after-hours buying and selling. The inventory has dropped over 70% since its July 2025 peak and 15% thus far in 2026.



Source link

Tags: 71KBillionbirthdayBitcoinfaceslossSaylorsSinksStrategy
Previous Post

Trump’s attempt to weaken the US dollar spells ‘real trouble’: analysis

Next Post

Oracle Stock Found Its Place In AI, Now Comes The Hard Part (NYSE:ORCL)

Related Posts

B In Bitcoin Options Expire In December: Is 5K BTC Price Realistic?
Cryptocurrency

$6B In Bitcoin Options Expire In December: Is $115K BTC Price Realistic?

May 8, 2026
Genius Group closes M offering to buy stake in Bermuda digital bank
Cryptocurrency

Genius Group closes $8M offering to buy stake in Bermuda digital bank

May 7, 2026
Ripple, Mastercard, JPMorgan Complete XRP Ledger Settlement Trial
Cryptocurrency

Ripple, Mastercard, JPMorgan Complete XRP Ledger Settlement Trial

May 7, 2026
Ripple’s .5 Trillion Claim: How Does XRP Fit Into 13,000 Banks?
Cryptocurrency

Ripple’s $12.5 Trillion Claim: How Does XRP Fit Into 13,000 Banks?

May 6, 2026
Retail Traders Get Crypto Access as Morgan Stanley Follows SoFi in Trading Push
Cryptocurrency

Retail Traders Get Crypto Access as Morgan Stanley Follows SoFi in Trading Push

May 7, 2026
Market Whiplash: Oil Sinks to , Then Spikes as Iran Claims Control of Hormuz
Cryptocurrency

Market Whiplash: Oil Sinks to $88, Then Spikes as Iran Claims Control of Hormuz

May 6, 2026
Next Post
Oracle Stock Found Its Place In AI, Now Comes The Hard Part (NYSE:ORCL)

Oracle Stock Found Its Place In AI, Now Comes The Hard Part (NYSE:ORCL)

Shell Q4 Earnings Decline on Lower Prices; Maintains Buybacks, Dividend and Capex Discipline | AlphaStreet

Shell Q4 Earnings Decline on Lower Prices; Maintains Buybacks, Dividend and Capex Discipline | AlphaStreet

Silver: Short-Term Bias Remains Bearish After Failed Rebound | Investing.com

Silver: Short-Term Bias Remains Bearish After Failed Rebound | Investing.com

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Ripple’s .5 Trillion Claim: How Does XRP Fit Into 13,000 Banks?
Cryptocurrency

Ripple’s $12.5 Trillion Claim: How Does XRP Fit Into 13,000 Banks?

by PWC
May 6, 2026
0

Ripple and XRP are actually tied to a sweeping declare of 13,000 banking connections and $12.5 trillion in cost exercise....

Stocks Hit Highs on Big Tech Earnings as US Dollar Weakens | Investing.com

Stocks Hit Highs on Big Tech Earnings as US Dollar Weakens | Investing.com

May 6, 2026
Private credit group Ares draws nearly bn from investors

Private credit group Ares draws nearly $20bn from investors

May 2, 2026
The Trial That Could Decide Who Controls the Future of AI

The Trial That Could Decide Who Controls the Future of AI

May 6, 2026
Hilton Grand Vacations Q1 2026 Deep Dive: EPS Beats by a Wide Margin – Alphastreet

Hilton Grand Vacations Q1 2026 Deep Dive: EPS Beats by a Wide Margin – Alphastreet

May 3, 2026
AI spending boom soars but no returns for big tech giants, warns Jefferies’ Chris Wood

AI spending boom soars but no returns for big tech giants, warns Jefferies’ Chris Wood

May 3, 2026
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.