21m ago
Jim Cramer's "Who murdered Bitcoin?" post stirs debate as Strategy reports $10.8B unrealized loss
On June 4, CNBC host Jim Cramer posted "Who murdered Bitcoin?" alongside a chart of Strategy's Bitcoin position, as the market selloff intensified. The figures showed Strategy had put nearly $63.9 billion into BTC and was sitting on more than $10.8 billion in unrealized losses; Bitcoin later traded at $62,463 on June 5 after sliding from above $73,000 earlier in June.