Scott Melker breaks down why some companies are running into trouble with their bitcoin (BTC-USD) per-share strategies as Satsuma begins liquidating its bitcoin holdings and prepares to delist from the London Stock Exchange. Melker also examines why other companies are selling their bitcoin and what it could mean for investors in the growing crypto treasury market. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

The ongoing crypto winter has forced Michael Saylor's Strategy (Nasdaq: MSTR), formerly MicroStrategy, to sell Bitcoin (BTC) twice this year. 32 Bitcoin for around $2.5 million during May 26-313,588 BTC for $216 million during June 29-July 5 The company has sold Bitcoin for the first time after ...

The crypto treasury trade is starting to look less uniform than it did a few months ago. TD Cowen cut its price tar...

Turbulence in the cryptocurrency market is dragging down shares of companies that hold bitcoin and other digital assets on their balance sheets, sparking concerns over potential broader strains in the sector. The number of publicly ​traded companies investing in cryptocurrencies in the hope they would appreciate boomed last year. Many were buoyed by U.S. President Donald ‌Trump's crypto-friendly stance and inspired by the meteoric success of billionaire Michael Saylor's Strategy, which started out as software company MicroStrategy and began buying and holding ​bitcoin in 2020.