BitMine Copies Saylor’s Strategy Playbook With Ethereum Preferred Stock Offering

Bitcoin (BTC) has fallen into bear-market territory after a sharp overnight selloff, while Michael Saylor framed the decline as a temporary capital rotation into artificial intelligence rather than a loss of confidence in the asset. Strategy Executive Chairman Michael Saylor…

Ethereum has been under intense selling pressure due to losing the 100-day moving average, which was only reclaimed in April after months. The recent breakdown below a key demand zone has pushed ETH to fresh local lows near $1.75K, while both technical and on-chain indicators continue to favor the bears. Unless buyers reclaim the lost […]

FG Nexus has transferred another 10,000 Ether worth about $17.8 million, extending a series of treasury sales that have reduced its Ethereum holdings as the asset trades more than 50% below the company’s average purchase price. According to onchain data…

Bankless co-founder David Hoffman has disclosed how he redeployed capital after selling ETH, revealing a new portfolio tilted toward VVV, NEAR, ZEC, HYPE and LIT. The move marks a notable shift for one of Ethereum’s most recognizable public advocates and has triggered debate over whether Hoffman is rotating into a new long-term thesis or chasing a different segment of the market. In a post on X, Hoffman said he “immediately took ~50% of the capital to VVV, NEAR, ZEC, HYPE” after selling ETH. The other half, he said, was held back for dollar-cost averaging into an asset that had not already moved sharply higher. “I left the rest as capital to DCA into something not already up multiples,” Hoffman wrote, adding that NEAR was an exception because it was “~1.40 at the time.” He then said he had completed that second leg of the rotation: “I’ve finished buying LIT with that remaining 50%.” Why Hoffman Chose LIT As Next Major Crypto Bet The disclosure quickly shifted into a broader discussion

FG Nexus's Ethereum losses highlight the risks of concentrated crypto investments, prompting increased caution in corporate treasury strategies. The post FG Nexus reports over $85M loss on Ethereum treasury bet appeared first on Crypto Briefing.

In the June 2026 crypto selloff, Ethereum has fallen harder than Bitcoin, and not by a little. On the worst days, Ethereum (ETH) dropped around 7.5% in 24 hours while Bitcoin fell about 5%, sliding below $1,800 as Bitcoin held…

FG Nexus offloads another 10,000 ETH, pushing realized and paper losses above $100 million as the Ethereum treasury firm continues cutting exposure.

A Charles Schwab strategist says Bitcoin isn't crashing because of Michael Saylor's sale, it's losing the momentum trade to gold, AI stocks, and IPOs.