Stocks recovered from steep losses following the market's worst day in over a month, erasing weeks of gains and pulling back from record highs.

As of the market close Thursday, Strategy’s market value was lower than the value of its Bitcoin holdings. The software-company-turned-investment-vehicle for Bitcoin ended the s

Market cap falls below Bitcoin holdings as investors prefer ETFs over corporate crypto structures and leverage risks.

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Bitcoin's valuation has been sliding amid rising uncertainty and complex valuation dynamics.

The Bitcoin mining giant Hut 8 (Nasdaq: HUT) owns 80% of American Bitcoin, and the Trump brothers and other shareholders own the remaining 20%. The company's stock sank nearly 2% as the market opened. At the time of writing, it was exchanging hands at $4.67.

Cypherpunk has acquired 203,775 ZEC at an average $245.37 per token, now worth over $573 each. ・The company is backed by the Winklevoss twins' family office, Winklevoss Capital. ・It announced its rebranding from Leap Therapeutics and pivot to a Zcash-based treasury earlier this week.

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Major stock indexes finished mixed Friday, with the Dow Jones Industrial Average declining for a second straight session but registering a weekly gain.

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