Strategy Shares See First Losing Streak Since 2020 Bitcoin Adoption
According to a CoinDesk report, Strategy Shares have experienced an extended losing streak, marking a departure from previous market behaviors. Crypto analyst Chris Millas noted this unusual trend, highlighting that the slump occurred even as the company continued to accumulate Bitcoin. The report indicates that this is the first six-month losing streak for Strategy Shares since the company adopted its Bitcoin strategy in 2020. The analyst pointed out that this drawdown pattern is inconsistent with past performance, despite ongoing accumulation of Bitcoin.
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