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Crypto

Economist Henrik Zeberg says Michael Saylor will eventually collapse, raising questions over Strategy

Economist Henrik Zeberg criticised Strategy Chairman Michael Saylor\'s approach of accumulating bitcoin using borrowed money, saying it would end in disaster. The warning comes as bitcoin fell from about $82,000 in early June to $62,000 to $63,000 in about two weeks, and Strategy reported an operating loss of $14 billion in the first quarter of 2026 tied to unrealised losses. Debate is shifting to the sustainability of leveraged bitcoin treasury strategies.

Crypto

SpaceX joins race as U.S. listed firms net buy 43,557 bitcoin in May

A competition among listed companies to hold bitcoin on their balance sheets continued in May, with firms sustaining large purchases despite bitcoin trading about 42 percent below its record high. Based on a BitcoinTreasuries.net corporate adoption report, listed firms added or newly disclosed 51,045 BTC in May, with net growth of 43,557 BTC after sales. The value was about $3.2 billion at the May 31 close. Strategy bought the most, while SpaceX drew attention by disclosing 18,712 BTC ahead of a planned IPO on June 12.

Crypto

CryptoQuant says bitcoin is near a bottom but lacks demand to support a rebound

Bitcoin has moved closer to what analysts see as a bear-market bottom after briefly slipping below $60,000, but demand across spot and derivatives markets is weakening, CryptoQuant said. The on-chain analytics firm put bitcoin’s realised price at about $53,600, 13 percent below the current trading price of around $61,680. It said recent data point to the sharpest one-week demand destruction since January 2022, while spot bitcoin ETFs have seen cumulative outflows topping $4.8 billion since May 14.