Editing by Jonathan Guilford; Production by Maya Nandhini
Bitcoin slump signals crypto-hoarder shakeout
Representations of cryptocurrency bitcoin are seen in this illustration taken November 25, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
TORONTO, Feb 9 (Reuters Breakingviews) – A $2 trln wipeout in digital coins’ collective worth is hitting companies that stockpile them, many of which now trade below the value of their assets. Strategy, the biggest of them all, at least has cash to try and ride out the storm. Few others will muster such stamina.
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