Episode Details

Bitcoin ETFs hit their biggest outflow day in June, losing $696 million as prices dipped below $60K, pushing year-to-date outflows to $4.6 billion. MicroStrategy has also slowed its Bitcoin buying, sparking debate over whether it should prioritize cash reserves instead. Total ETF assets have fallen below $73 billion for the first time this year, reflecting both outflows and Bitcoin’s retreat from its October peak. Some investors are urging MicroStrategy to pause acquisitions and build cash, especially after it sold a small amount of Bitcoin — a rare move during its accumulation phase. Meanwhile, MicroStrategy’s stock trades below its target, with analysts divided on whether it can stabilize amid these shifting market dynamics.

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