Bitcoin cracks $60,000 sinking to lowest level since October 2024
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Bitcoin cracks $60,000 sinking to lowest level since October 2024
Bitcoin extended its losses on Friday, dropping to October 2024 lows to cap an already bruising week for crypto investors. CNBC's MacKenzie Sigalos has the details.
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Strategy CEO Michael Saylor brushed off concerns about the company's credit risk if bitcoin continues to tumble. In fact, Saylor said he plans to keep accumulating the cryptocurrency for the company every quarter. "If bitcoin falls 90% for the next four years, we'll refinance the debt," the executive said Tuesday on CNBC's “Squawk Box." "We'll just roll it forward." Read more: cnb.cx/4amoInp | CNBC
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Strategy CEO Michael Saylor brushed off concerns about the company's credit risk if bitcoin continues to tumble. In fact, Saylor said he plans to keep accumulating the cryptocurrency for the company every quarter. "If bitcoin falls 90% for the next four years, we'll refinance the debt," the executive said Tuesday on CNBC's “Squawk Box." "We'll just roll it forward." Read more: cnb.cx/4amoInp | CNBC
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Strategy CEO Michael Saylor brushed off concerns about the company's credit risk if bitcoin continues to tumble. In fact, Saylor said he plans to keep accumulating the cryptocurrency for the company every quarter. "If bitcoin falls 90% for the next four years, we'll refinance the debt," the executive said Tuesday on CNBC's “Squawk Box." "We'll just roll it forward." Read more: cnb.cx/4amoInp | CNBC
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