Sidhartha Shukla

Strategy is under pressure after a months-long Bitcoin selloff that has raised concerns about the company's ability to meet its financial obligations.

Bitcoin is facing a massive options expiry that could put more pressure on a market already struggling with fading institutional demand and macroeconomic headwinds.

(Bloomberg) -- Bitcoin is facing a massive options expiry that could put more pressure on a market already struggling with fading institutional demand and macroeconomic headwinds.

Fears that Michael Saylor’s Bitcoin buying machine is beginning to seize up are spilling across the crypto market, fueling the latest leg of Bitcoin’s selloff and exposing cracks in one of the financial structures that has underpinned demand for the world’s largest cryptocurrency over the past two years.

Michael Saylor’s great crypto experiment is fast running out of believers.

US-listed Bitcoin exchange-traded funds are on pace for their worst month of withdrawals since launching two years ago.

Bitcoin ETFs set for worst month with $4bn in outflows The highest net outflow since the products started trading in January 2024.

Bitcoin's biggest institutional sources of demand are faltering at the same time, leaving the cryptocurrency increasingly exposed as exchange-traded fund investors pull money at a record pace and questions persist over the financing playbook behind its largest corporate buyer.

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