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Bitcoin's slumping again. The biggest corporate owner admits it may have to sell if things get worse
The top executive at bitcoin's biggest corporate owner has laid out the parameters that would force his company to sell some of its $56 billion worth of the cryptocurrency. Phong Le, CEO of Strategy (MSTR), said bitcoin would be sold if if the company's multiple to net asset value (mNAV) - a valuation metric that divides the company's market capitalization by the market value of the Bitcoin it holds - fell below 1. "So now, as we're looking at bitcoin winter, as we see our mNAV compressing, my hope is our mNAV doesn't go below one. But if we did and we didn't have other access to capital, we would sell ... (full story)
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Bitcoin (BTC-USD) falls below the $85,000 mark amid a broader crypto sell-off. FG Nexus CEO of digital assets, Maja Vujinovic, joins Market Catalysts to talk about the crypto market moves.
From cnbc.com | Dec 1, 2025
Bitcoin and Ethereum fell on Monday, as the recent sell-off in cryptocurrencies resumed. Bitcoin tumbled sharply and was last seen about $86,273.68 at around 7:30 a.m. in London on Monday, a slide of about 5.5%. Ethereum dropped more than 6.5% in early trade, to reach $2831.95. Solana had fallen almost 7.7%, and was last seen at $126.75, while other ...
From apnews.com | Dec 1, 2025
Bitcoin and companies tied to cryptocurrencies extended a nearly two-month swoon Monday, tracking with a broader market sell-off in technology companies that many see as overvalued. Bitcoin slid 6.5% after being down nearly 12% earlier in the day, settling in just above $85,000. The most-traded cryptocurrency is down about 33% since hitting a record ...