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Global Blockchain Show Riyadh β Riyadh, KSA (June 29β30)
Stablecoins Unblocked β London, UK (July 1)
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This brings the streak of net weekly outflows to seven weeks.
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Strategy reported its first Bitcoin sale since 2022 in a filing earlier this month, marking a notable shift for the largest corporate holder of Bitcoin in the world.
It reported a bigger first-quarter loss, hammered by a slump in Bitcoin prices that weighed on the value of its sizeable crypto holdings.
As of last close, the ratio stands at 0.99 β implying that the company's enterprise value is lower than the value of the Bitcoin it holds on its balance sheet, according to the company's website.
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