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Strategy Slumps 6%, Leading Crypto Names Lower as Bitcoin Treasury Strategies Are Questioned

Strategy Slumps 6%, Leading Crypto Names Lower as Bitcoin Treasury Strategies Are Questioned

Crypto stocks suffered a red day on Friday, especially bitcoin BTC treasury companies such as Strategy (MSTR) and Semler Scientific (SMLR) — each down roughly 6% even as bitcoin slipped only a bit more than 2%. Japan-listed Metaplanet is lower by 24%.

The price action comes amid a continuing debate taking place on social media about the...

Crypto Market Sees $300M Liquidations as Trump Tariff Threats Flush Late Bulls

Crypto traders betting on a steady bitcoin BTC rally got a sharp reminder of headline risk from Donald Trump's latest tariff threats.

Over $300 million worth of leveraged derivatives positions were liquidated across centralized exchanges in the past four hours, according to CoinGlass data, as crypto prices plunged following the news.

Nearly all...

Semler Scientific Bolsters Bitcoin Holdings with $50M Acquisition

Semler Scientific Bolsters Bitcoin Holdings with $50M Acquisition

Medical equipment company Semler Scientific (SMLR) announced its third-largest bitcoin BTC purchase since adopting a bitcoin standard roughly one year ago.

The company in the ten days ending May 22 acquired 455 BTC for $50 million, averaging $109,801 per bitcoin. This acquisition, funded through its at-the-market (ATM) equity offering program,...

CoinDesk 20 Performance Update: Index Declines 3.2% as All Assets Trade Lower

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.

The CoinDesk 20 is currently trading at 3239.11, down 3.2% (-107.44) since 4 p.m. ET on Thursday.

None of the 20 assets are trading higher.

9am CoinDesk 20 Update for 2025-05-23: Full Chart

Leaders: SOL (-1.1%) and BCH (-1.8%).
Laggards: SUI (-6.8%) and NEAR (-5.8%).

The C...

Crypto Lender Ledn Goes Full Bitcoin Maxi as It Seeks to Reduce Client Asset Risk

Crypto Lender Ledn Goes Full Bitcoin Maxi as It Seeks to Reduce Client Asset Risk

Cryptocurrency lender Ledn is removing support for ether ETH and will begin offering a bitcoin-only loan model starting July 1 as it looks to simplify its product and sharpen its focus around bitcoin BTC.

The Cayman Islands-registered company may be attempting to broaden its appeal among the corners of the crypto community that say BTC is the only...

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