Tag: Strategy

  • Daily Tech Roundup: India’s Semicon 2.0 Launch, CurifyLabs Funding, and Bitcoin Strategy Shift

    Daily Tech Roundup: India’s Semicon 2.0 Launch, CurifyLabs Funding, and Bitcoin Strategy Shift

    Greetings from the Digital World! Welcome to today’s quick tech roundup. From AI and startups to crypto, careers and digital innovation, here’s what made headlines today.

    What’s New Today

    India has launched Semicon 2.0 to boost its semiconductor industry, while Finnish health tech startup CurifyLabs secured funding to expand its personalized medicines platform. In cryptocurrency news, Grayscale claims that Bitcoin sales by Strategy could make its financial model more credible. Meanwhile, the IT skills shortage continues to challenge new graduates, and experts warn about JADEPUFFER AI agents capable of executing cyber attacks autonomously.

    Quick Insights

    • India’s Semicon 2.0 targets chip manufacturing, design, research, raw materials, equipment, and talent development.
    • CurifyLabs raised $14 million to expand its personalized medicine technology.
    • Grayscale believes Strategy’s Bitcoin sales could strengthen investor confidence.
    • Employers say many tech graduates still lack industry-ready skills despite high demand.
    • Researchers warn that JADEPUFFER AI can autonomously breach systems and deploy ransomware.

    A Quick Rundown

    India Launches Semicon 2.0 to Expand Chip Ecosystem Support

    India has launched Semicon 2.0, broadening its chip ambitions beyond manufacturing to include design, research, raw materials, equipment, and workforce development. The initiative aims to attract international investment and reduce reliance on foreign chips.

    CurifyLabs Raises $14 Million Series A

    CurifyLabs, a Finland-based healthcare technology firm specializing in personalized medicines, closed a $14 million Series A round. The funding will support international expansion, supply chain development, and research, enabling hospitals and pharmacies to produce customized medications.

    Grayscale Backs Strategy’s Bitcoin Sales

    Grayscale has expressed support for Strategy’s recent Bitcoin sales, stating that generating liquidity through cash could make the company’s funding process more sustainable and enhance investor confidence in its financial model.

    The IT Job Market Faces a Growing Skills Gap

    Fresh graduates are finding it harder to land tech jobs. Despite high demand, employers report that many candidates lack practical, industry-ready skills. The disconnect between academic learning and workplace expectations leaves many graduates underemployed while companies continue searching for qualified talent.

    JADEPUFFER AI Can Hack Systems Without Human Help

    Scientists have demonstrated that the experimental AI bot JADEPUFFER can execute cyber attacks with minimal human intervention. The research highlights the emerging threat of autonomous AI systems capable of identifying vulnerabilities, moving across networks, and deploying ransomware.

  • Strategy Sells $216M in Bitcoin to Fund Dividends, Maintains 843,775 BTC Reserve

    Strategy Sells $216M in Bitcoin to Fund Dividends, Maintains 843,775 BTC Reserve

    Strategy completed its largest Bitcoin sale since 2022 after selling 3,588 BTC for $216 million between June 29 and July 5 under its new Bitcoin monetization program. The company directed the proceeds toward preferred stock dividend payments while maintaining its long-term Bitcoin strategy.

    Following the transaction, Strategy retained 843,775 BTC valued at about $53.88 billion alongside $2.55 billion in U.S. dollar reserves. The sale briefly weighed on Bitcoin before buyers returned, lifting the asset back toward the $63,000 level.

    Strategy Uses Bitcoin Sale to Support Capital Plan

    The company carried out the transaction through its newly introduced Digital Credit Capital Framework. According to Strategy, the framework aims to strengthen credit quality while reducing expected preferred stock dividend payments whenever doing so benefits the company.

    Strategy also stated that the framework outlines how it plans to manage capital while preserving its long-term Bitcoin exposure. Besides supporting dividends, the company said the program allows it to use different capital management tools when necessary.

    The latest disposal marks Strategy’s first major Bitcoin sale since 2022. The proceeds will support shareholder returns tied to the company’s dividend products rather than signal a broader reduction of its Bitcoin holdings.

    Michael Saylor said the transaction related to dividend funding instead of a departure from Strategy’s Bitcoin strategy. Even after the sale, the company remains the largest publicly traded corporate holder of Bitcoin.

    Digital Credit Framework Expands Treasury Flexibility

    The latest transaction followed a much smaller Bitcoin sale in late May. At that time, Strategy sold 32 BTC to support preferred stock distributions, introducing the market to its evolving treasury approach.

    Moreover, the new capital framework allows the company to monetize as much as $1.25 billion worth of Bitcoin under specific conditions. Strategy said those proceeds may strengthen cash reserves, fund preferred dividends, cover interest expenses, or support share buybacks.

    The company also increased the annual dividend rate on its STRC perpetual preferred stock from 11.5% to 12%. Consequently, investors now view Strategy’s treasury model through a broader capital management perspective.

    The company still holds one of the largest corporate Bitcoin reserves despite introducing a defined path for selective Bitcoin sales. As a result, each transaction may receive close market attention regardless of its size compared with total holdings.

    Bitcoin Recovers After Initial Market Reaction

    Bitcoin briefly retreated after news of the sale reached the market. Shortly afterward, buyers returned and pushed the asset back toward the $63,000 area. Bitwise CEO Hunter Horsley commented on the price action through X, writing, ‘Bitcoin wants to be higher.’ His statement came as traders watched for signs of broader selling pressure following Strategy’s transaction.

    Meanwhile, market participants continued monitoring several factors that influence Bitcoin prices, including spot ETF flows, leverage levels, macroeconomic data, and expectations surrounding U.S. interest rates. Recent weak U.S. jobs data increased expectations for future Federal Reserve rate cuts. Lower rate expectations often support risk assets when investors anticipate easier financial conditions.

    Still, traders remained cautious after Strategy demonstrated that even long-term corporate Bitcoin holders may use digital assets as a liquidity source under new capital strategies.

  • Bitcoin ETFs See $265M Inflows, Bonk Drops 8% After Treasury Hack, and Strategy Sells $216M in BTC

    Bitcoin ETFs See $265M Inflows, Bonk Drops 8% After Treasury Hack, and Strategy Sells $216M in BTC

    Key Developments in Crypto Today

    The cryptocurrency market witnessed several major events on July 7, 2026. Bitcoin spot ETFs recorded $265.69 million in net inflows, while the memecoin Bonk plunged 8% following a $20 million treasury hack. Meanwhile, Strategy (formerly MicroStrategy) executed its largest Bitcoin sale to date, divesting 3,588 BTC for $216 million.

    Bitcoin ETF Inflows Surge

    According to SoSoValue, Bitcoin spot ETFs saw a total net inflow of $265.69 million. BlackRock’s IBIT led the charge with $209.40 million in daily inflows, bringing its historical total to $60.20 billion. Grayscale’s Bitcoin Mini Trust (BTC) followed with $42.25 million, while Grayscale’s GBTC recorded the largest outflow at $44.45 million, pushing its cumulative net outflow to $27.22 billion. The total net asset value of Bitcoin spot ETFs now stands at $77.32 billion, representing 6.04% of the Bitcoin market.

    Bonk Falls After $20 Million Treasury Exploit

    Bonk slumped on Monday after attackers drained approximately $20 million worth of the memecoin from BonkDAO’s treasury via a malicious governance proposal. The decentralized autonomous organization linked to the Solana-based cryptocurrency confirmed the breach and stated it has traced the wallets involved. BonkDAO is coordinating with major exchanges, bridges, and the Solana Foundation to recover funds, and law enforcement has been notified.

    Strategy Sells $216 Million in Bitcoin

    Bitcoin treasury firm Strategy sold 3,588 BTC between June 29 and July 5 for $216 million under its newly introduced BTC monetization program. The company stated the program is designed to support dividend payments and strengthen credit quality while maintaining long-term Bitcoin exposure. After the sale, Strategy still holds 843,775 BTC worth approximately $53.88 billion, along with $2.55 billion in USD reserves.

    Stellar Network Eyes Protocol 27 Upgrade

    Stellar validators are set to vote on the Protocol 27 upgrade, nicknamed “Zipper,” on July 8. The upgrade aims to introduce native authentication delegation, allowing one account to authorize another to act on its behalf. This change simplifies developer access and improves the account authorization system within the XLM ecosystem.

    Belgium Warns Six Crypto Platforms

    Belgium’s Financial Services and Markets Authority (FSMA) added six crypto platforms to its warning list: Aurum Foundation, Bank Bit, Bithf Pro, Dxago, Global Dynamic Trade, and ZeriaFunding. The regulator stated these firms are operating without authorization under the EU’s Markets in Crypto-Assets (MiCA) framework, which came into full effect on July 1. The warning highlights increased enforcement of the new crypto regulations across Europe.

  • Bitcoin Holds $62K Support as Rising Japanese Yields Test Risk Appetite

    Bitcoin Holds $62K Support as Rising Japanese Yields Test Risk Appetite

    Bitcoin is holding near $63,300 after a turbulent week, as bulls defend the $62,000 support level. The rebound faces a fresh challenge from surging Japanese government bond yields, which have climbed to 30-year highs and are pushing global borrowing costs higher.

    Japanese 10-year bond yields rose to 2.85%, an 18-basis-point increase since the start of July. This move has lifted U.S. Treasury yields to test 4.5%, while German and UK yields are also climbing. Higher yields make fixed-income assets more attractive relative to Bitcoin, which does not pay interest, raising the opportunity cost of holding BTC.

    Bitcoin found support near $58,000 on July 1 and rallied to $64,000, driven by softer U.S. inflation data and weaker jobs numbers. Fed Chair Kevin Warsh noted on July 1 that inflation risks had diminished, and the June nonfarm payrolls report showed only half the expected job gains. The labor force participation rate fell to 61.5%, its lowest in over five years. These factors fueled rate-cut hopes and boosted risk assets.

    However, the recovery was partly futures-driven, with net futures buying reaching $415 million on Sunday while spot flows remained slightly negative. This made the rally vulnerable to a fast unwind. A subsequent sell-off was triggered by Strategy’s disclosure of a $216 million Bitcoin sale to fund dividends on preferred securities. The company sold 3,588 BTC, causing a sharp price drop.

    Bitcoin later recovered as futures buying returned, supported by $143 million in spot buying. Liquidations surged 279.73% to $236.38 million in 24 hours, forcing leveraged positions to close and driving a short squeeze. BTC is now trading in a tight range: holding above $62,000 could allow a test of $65,000, while a break below may expose $60,000 or $59,500. The Fear & Greed Index stands at 28, signaling ‘Fear.’

    Analysts remain divided on the impact of rising Japanese yields. Goldman Sachs expects the yen to weaken further and continues to favor yen-funded carry trades, suggesting that global risk appetite may not fully unwind. For now, traders are watching key support and resistance levels as macro factors and corporate flows shape Bitcoin’s next move.

  • Bitcoin ETFs See $231M Outflow, XRP Holds $1, AAVE Surges 21%: Crypto Market Update

    Bitcoin ETFs See $231M Outflow, XRP Holds $1, AAVE Surges 21%: Crypto Market Update

    Market Overview

    The crypto market witnessed major developments as Bitcoin spot ETFs logged $231.10 million in net outflows, while XRP held $1 support and AAVE jumped 21% over seven days. Meanwhile, Solana teamed up with Toss Bank, and Strategy authorized Bitcoin sales.

    Bitcoin Saw $231 Million in Outflows

    According to SoSoValue, Bitcoin spot ETFs saw a total net outflow of $231.10 million yesterday. The Bitcoin spot ETF with the highest net inflow was Ark Invest and 21Shares’ ETF ARKB, with a daily net inflow of $49.97 million, bringing its total historical net inflow to $1.21 billion. Grayscale’s ETF GBTC followed with a daily net inflow of $35.10 million, though its total historical net outflow stands at $27.11 billion. BlackRock’s ETF IBIT recorded the largest daily outflow at $300.38 million, with a total historical net inflow of $60.47 billion. The total net asset value of Bitcoin spot ETFs is $73.19 billion, with an ETF net asset ratio of 6.05%. The historical cumulative net inflow has reached $51.37 billion.

    Solana Partners with Toss Bank on Cross-Border Payments

    The Solana Foundation and South Korean digital lender Toss Bank have signed a memorandum of understanding to explore blockchain-powered remittance and settlement services. The agreement establishes a framework for developing a proof-of-concept that could use Solana’s blockchain infrastructure to support faster and lower-cost international payments for Toss Bank’s 15 million customers. This partnership represents the first direct collaboration between a South Korean internet-only bank and the Solana ecosystem, highlighting growing interest among financial institutions in blockchain-based payment infrastructure. The initial phase centers on a proof-of-concept designed to evaluate Solana as a platform for cross-border remittance and settlement services.

    XRP Holds $1 Support

    XRP held above $1 and traded marginally higher during the session, while network activity rose sharply and ETF inflows continued. XRP daily active addresses rose from 23,000 on June 14 to nearly 39,500 by June 27, a 72% increase in two weeks. Activity increased on June 29, when volume reached 86.5 million XRP, about 67% above the 24-hour average. Open interest across major exchanges fell below 150 million from a 1.3 billion peak, and XRP ETFs added $15.34 million in net inflows on June 29. The $1 level remains key support, with $1.06 as the first short-term resistance, followed by $1.09-$1.10.

    AAVE Price Is Up 21% in 7 Days

    Aave climbed back above the $90 level. The token rose nearly 21% in the last seven days; at press time, AAVE was up 3.4%, trading at $91.48. During the rally, AAVE’s market capitalization and 24-hour trading volume surged by 3.4% and 3.66%, respectively, to $1.4 billion and $279.41 million. The price surge followed Aave founder Stani Kulechov’s rejection of claims tied to a discounted AAVE token sale and his announcement that the protocol is working on Aavenomics 3.0, which will include an automated buyback mechanism. Kulechov stated, “There is NO WAY we’d sell AAVE at a 70% discount lol.”

    Strategy Authorized BTC Sale

    In a press release and 8-K filing dated June 29, the firm formerly known as MicroStrategy unveiled a “Digital Credit Capital Framework,” a five-part overhaul of how it manages its balance sheet. This is the first time Strategy’s board has authorized the sale of Bitcoin, up to $1.25 billion to build a cash reserve, plus further sales to cover preferred dividends, interest, and stock buybacks. Strategy holds 847,363 BTC, bought for about $64.1 billion at an average price near $75,650. With bitcoin trading below $60,000 this week, that stack is worth roughly $50 billion, leaving the company with $13 billion in unrealized loss on paper.

    FAQs

    1. How much outflow did Bitcoin spot ETFs record? According to SoSoValue, Bitcoin spot ETFs recorded total net outflows of $231.10 million yesterday. BlackRock’s IBIT saw the largest outflow at $300.38 million.

    2. Which Bitcoin ETF saw the highest inflow? Ark Invest and 21Shares’ ARKB recorded the highest daily inflow at $49.97 million. Its total historical net inflow now stands at $1.21 billion.

    3. Why is XRP’s $1 level important? The $1 level is a key support zone for XRP and has helped stabilize short-term sentiment. The next resistance levels are seen at $1.06 and then $1.09-$1.10.

    4. Why did AAVE rise 21% in seven days? AAVE rallied as the token moved back above $90 and investor attention returned to Aavenomics 3.0. Founder Stani Kulechov also rejected claims of a discounted token sale, saying, “There is NO WAY we’d sell AAVE at a 70% discount lol.”

    5. What did Strategy announce about Bitcoin sales? Strategy authorized Bitcoin sales of up to $1.25 billion to build cash reserves under its Digital Credit Capital Framework.

  • Quordle June 30 Hints, Answers & Strategy: Solve Today’s Puzzle

    Quordle June 30 Hints, Answers & Strategy: Solve Today’s Puzzle

    Welcome back to another day of Quordle, where you need to solve four five-letter words in just nine guesses. Unlike Wordle, every guess applies to all four grids, making strategy just as important as vocabulary.

    Today’s puzzle leans on familiar words, but a couple of clues are designed to throw you off. Two of the answers feature repeated letters, so pay close attention to letter placement before locking in your guesses.

    Today’s Quordle Clues

    Need a nudge before revealing the answers? Here are today’s spoiler-free hints:

    • Word 1 (Top Left): Bisect.
    • Word 2 (Top Right): It’s often paired with a laundry machine.
    • Word 3 (Bottom Left): Not here.
    • Word 4 (Bottom Right): How your breath might smell after brushing your teeth.

    Still need another clue?

    • Two of today’s words each contain a pair of repeated letters.
    • The four words begin with H, D, T, and M.

    That should be enough to help you make your final guesses.

    Quordle Today’s Answers

    Ready to reveal today’s solutions?

    • HALVE
    • DRYER
    • THERE
    • MINTY

    Among today’s four words, THERE may have been the trickiest because of its repeated letters and its similarity to other common words like ‘their’ and ‘three.’ HALVE will also surprise people because it is uncommon in everyday conversations. The words DRYER and MINTY are common, but the repetition of letters in MINTY’s neighboring words could have made solving the puzzle difficult.

    Conclusion

    Today’s Quordle was challenging yet fun, offering a variety of familiar words and context clues that made the puzzle easy to solve. If you solved all four puzzles using the nine chances provided, congratulations! See you tomorrow with new clues for a new Quordle.

  • Wordle June 29, 2026: Hints, Answer, and Winning Strategy for Puzzle #1836

    Wordle June 29, 2026: Hints, Answer, and Winning Strategy for Puzzle #1836

    Struggling with today’s Wordle? The June 29, 2026 puzzle (number #1836) revolves around a noun tied to change. Use the hints below to crack the code and keep your streak alive.

    Wordle Hints for June 29, 2026 (Puzzle #1836)

    • Vowels: 2 vowels
    • Consonants: 3 consonants
    • Repeated Letters: None
    • Letter Rarity: All common letters
    • First Letter: C
    • Bonus Hint: The word ends with the letter ‘E’.

    Wordle Answer for June 29, 2026

    If the clues above haven’t revealed the word, the answer for Wordle #1836 is: CRUDE.

    Best Tips to Improve Your Wordle Game

    • Start smart: Choose an opening word with common vowels and consonants to maximize information.
    • Avoid repeats early: Unless you’re sure of placement, don’t reuse letters in your first few guesses.
    • Read the colors: Green means correct position; yellow means the letter is in the word but misplaced.
    • Eliminate, don’t guess: Use each attempt to rule out possibilities rather than rushing to the answer.
    • Expand your vocabulary: Familiarity with less common five-letter words can be a huge advantage.

    Why Wordle Remains So Addictive

    Four years after its debut, Wordle continues to captivate millions. The daily puzzle offers a fresh mental workout—whether you solve it over coffee or during a work break. Each game sharpens your vocabulary and pattern recognition, proving that simple games can deliver big rewards. Here’s to keeping your 2026 streak unbroken!

  • Bitcoin Hovers Near $60K as Peace Talks Lift Stocks, Strategy Losses Mount

    Bitcoin Hovers Near $60K as Peace Talks Lift Stocks, Strategy Losses Mount

    Bitcoin opened Monday near $59,700 as renewed U.S.-Iran peace efforts lifted equity futures but failed to revive crypto demand. The asset fell 0.3% during the session and 6.8% across the week. Meanwhile, fresh criticism of Strategy’s Bitcoin purchases added pressure around the market’s largest corporate holder.

    Peace Talks Lift Stocks but Leave Bitcoin Flat

    Axios reported that the United States and Iran agreed to halt strikes and meet this week in Qatar. The talks will cover the Strait of Hormuz and a broader path toward ending the conflict. S&P 500 and Nasdaq 100 futures gained 0.5% following the report. Crypto markets barely responded, continuing a pattern that has shaped trading during the past two weeks.

    Ether rose 0.3% to $1,572, while Solana gained 1.5%. By contrast, XRP and Dogecoin extended their declines as traders remained cautious. Bitcoin rallied after the June 19 peace agreement. Yet those gains faded as a hawkish Federal Reserve outlook and exchange-traded fund outflows returned to focus.

    Meanwhile, South Korea announced plans to double DRAM production capacity around Seoul within five years. Samsung and SK Hynix committed 800 trillion won, or about $518 billion, toward four fabrication plants. Asian technology hardware shares declined during the rotation, although eight of the eleven MSCI Asia Pacific groups advanced. The artificial intelligence chip trade continued to shape wider market movements.

    Will the Qatar talks and Thursday’s inflation report give Bitcoin a lasting catalyst? Both events now represent major tests for crypto markets this week.

    Strategy Losses Renew Scrutiny of Saylor’s Approach

    Economist Peter Schiff said Sunday that Michael Saylor had destroyed shareholder value through Strategy’s Bitcoin accumulation plan. He cited the company’s paper losses and declining stock price. According to Schiff, Strategy carries almost $14 billion in unrealized losses on its Bitcoin holdings. He also compared its $29.54 billion market value with the $64.10 billion spent acquiring Bitcoin.

    Strategy holds more than 847,363 Bitcoin at an average purchase price of $75,651. That position makes the company the world’s largest corporate Bitcoin owner. Schiff argued that a large Strategy sale could push Bitcoin lower and limit potential liquidation proceeds. He has repeatedly criticized the company’s business model and cryptocurrency exposure.

    Last week, Schiff said Saylor’s Bitcoin bet could become the largest losing trade in history. He has also called MSTR stock the worst route to Bitcoin exposure.

    MSTR Slides as Strategy Defends its Market Role

    Concerns grew after Strategy disclosed Bitcoin sales earlier this month. The announcement weakened the ‘never sell’ position that many bullish investors had associated with the company. Since that disclosure, MSTR shares have fallen 45%. The stock closed Friday at $82.31 after dropping 3.54% during the regular trading session.

    Saylor has defended Strategy’s actions during the current bear market. He said the company has provided liquidity and support for Bitcoin rather than creating systemic risk.

    Bitcoin later traded near $60,041, up 0.28% over 24 hours, according to Benzinga Pro. That reading remained close to the level recorded during Monday’s flat market opening.

    What’s Next?

    Bitcoin remained near $60,000 even as U.S.-Iran peace talks supported equities, while Strategy faced renewed criticism over its mounting paper losses and declining share price. Investors should now watch the Qatar negotiations and inflation data, as both could shape Bitcoin’s next major market direction.

    This article was originally published by Analytics Insight and has been adapted for publication.

  • Bitcoin Faces Critical Third Quarter as Strategy’s Losses Mount and STRC Comes Under Pressure

    Bitcoin Faces Critical Third Quarter as Strategy’s Losses Mount and STRC Comes Under Pressure

    Bitcoin’s latest decline has renewed concerns over whether the market is entering a longer bear phase. The asset has fallen for two straight quarters, while Strategy’s unrealized loss and pressure on its preferred shares have added another source of risk.

    Bitcoin fell about 22% in the first quarter and 12.2% in the second quarter. A third negative quarter would mark its first run of three straight quarterly losses since 2022, when Bitcoin ended the year more than 65% lower.

    Bitcoin Enters a Critical Third Quarter

    Bitcoin recently fell below $59,000 as traders reduced exposure to risky assets. The decline has raised doubts about whether the current move is a normal pullback or part of a wider downtrend. Market observers are asking if it is still too early to call the current risk-off phase anything apart from a full-blown bear market, as quarterly losses deepen. The comparison with 2022 has gained attention since Bitcoin has not recorded three bearish quarters in a row since that cycle.

    The third quarter may now become a key test. Another quarterly loss would place Bitcoin in a pattern last seen in its worst annual decline. Nevertheless, the current drop remains smaller than the 2022 collapse, and the final outcome will depend on price movements through September.

    Selling pressure has also spread to companies linked to Bitcoin. Strategy’s common shares recently dropped below $85.50 and closed near $82 on Friday, their lowest level since February 2024.

    Strategy’s Funding Model Comes Under Pressure

    Strategy holds one of the largest corporate Bitcoin reserves, but falling prices have left the company with about $14 billion in unrealized losses. Its STRC preferred shares also carry an 11.5% annual dividend, equal to roughly $1.2 billion in yearly payments. STRC was designed to trade near $100 and provide Strategy with funds for more Bitcoin purchases. Yet the shares fell as much as 26% below that level and reached a record low. The drop has raised doubts about the company’s ability to issue more shares on favorable terms.

    CryptoQuant said Strategy should pause Bitcoin purchases and rebuild its cash holdings. The firm estimated that cash coverage for STRC dividends has fallen from more than seven years to about 14 months. When STRC trades below its intended value, new issuance becomes less attractive. Strategy has therefore paused that part of its funding process. Analyst Mark Palmer said the model has become “less efficient” rather than broken and rejected comparisons with failed crypto projects.

    Ripple CEO Questions Strategy’s Bitcoin Approach

    Ripple CEO Brad Garlinghouse said he remains bullish on Bitcoin but criticized Strategy’s preferred-share model. In a Friday interview, he described the structure as “financial engineering” that had distracted the market from long-term utility. “Financial engineering does not drive long-term value,” Garlinghouse said. He added that a digital asset’s value should come from practical use rather than complex funding structures. Garlinghouse called STRC’s fall below its $100 target a “damning indictment” of Strategy’s approach, focusing on the company’s financing method rather than Bitcoin itself.

    Meanwhile, Arkham Intelligence said the situation does not resemble the Terra-LUNA collapse. Still, falling Strategy shares, weak STRC demand, and reduced funding capacity have raised doubts about future Bitcoin purchases.

    Bitcoin now enters the third quarter under pressure from lower prices and tighter funding conditions. A third straight quarterly loss would create a pattern not seen since the 2022 bear market.

  • Bitcoin ETF Assets Drop Below $73 Billion as BTC Falls Under $60,000 – June Outflows Hit $3.61 Billion

    Bitcoin ETF Assets Drop Below $73 Billion as BTC Falls Under $60,000 – June Outflows Hit $3.61 Billion

    US-listed spot Bitcoin exchange-traded funds recorded $696.3 million in net outflows on June 25 as Bitcoin slipped below the $60,000 mark. This marked the largest single-day withdrawal in June and extended the funds’ losing streak to six consecutive trading days.

    The latest outflow pushed June total withdrawals to $3.61 billion and brought year-to-date net outflows to approximately $4.6 billion. The data signals weakening demand from institutional investors as Bitcoin trades near its lowest level of 2026.

    ETF activity has become a key focus for market participants. These products previously provided steady buying pressure, but persistent redemptions are now returning coins to the market while investors reassess risk across cryptocurrencies and high-growth tech assets globally.

    Bitcoin ETF Withdrawals Accelerate in June

    The June 25 outflow surpassed the previous monthly high of $519.2 million recorded on June 2. Second-quarter net withdrawals now stand at roughly $4.07 billion, despite the funds attracting nearly $1.97 billion in April.

    Investors withdrew about $2.43 billion in May and another $3.61 billion in June, bringing the combined two-month total to approximately $6.04 billion. Spot Ether ETFs also posted about $81.87 million in outflows on the same day.

    BlackRock’s iShares Bitcoin Trust led second-quarter losses with roughly $2.01 billion in net outflows. The fund saw around $4.02 billion in withdrawals across May and June, reducing its net assets to about $44.43 billion. Fidelity’s Bitcoin fund recorded approximately $889 million in second-quarter withdrawals.

    ETF Assets Fall as Bitcoin Tests Lower Prices

    Total assets held by US spot Bitcoin ETFs dropped to about $72.6 billion, the lowest level since late 2024 and a decline of nearly 57% from the October 2025 peak of $169.5 billion.

    The drop coincided with Bitcoin losing roughly half its value from its October high. The cryptocurrency touched a 2026 low near $58,190 on Thursday before recovering toward $60,000.

    Separate wallet data shows the ETFs hold about 1.24 million BTC, with roughly 63,500 BTC leaving the products over the past 30 days. This has raised fresh questions about short-term institutional demand. Traders are watching whether daily ETF withdrawals slow near the $60,000 level and monitoring trading volume, derivatives funding rates, and open interest for signs of additional selling pressure.

    Strategy Slows Purchases as Funding Questions Grow

    Strategy bought about 3,600 BTC in June, down sharply from nearly 25,000 BTC in May and more than 50,000 BTC in April. Company filings also showed a net sale of 32 BTC earlier in the month, an unusual move during its long accumulation campaign.

    The company’s STRC preferred stock closed at $75.69 on Thursday, down 6.37% and well below its intended $100 benchmark. Some analysts have questioned whether Strategy should pause Bitcoin purchases and rebuild cash while market prices remain under pressure.

    CryptoQuant analysts expressed doubts about the company’s buying schedule and risk controls. Bitcoin supporter Samson Mow offered a different perspective, noting that STRC has a “self-repairing mechanism” when it trades below $100. He said Strategy can stop issuing new shares through its at-the-market program, which limits added supply.

    Bitcoin’s near-term direction may depend on whether ETF flows stabilize. Investors are also watching large technology shares, as stronger demand for artificial intelligence stocks has drawn capital away from other assets.