Bitcoin Magazine Strategy ($MSTR) Falls 15% as Investors Brace for Earnings Call Shares of Strategy dropped sharply Thursday, tumbling more than 15 % in heavy trading as markets reacted to deepening weakness in Bitcoin and ahead of the company’s quarterly earnings report scheduled after the market close.  Analysts are pricing in a sizable post-earnings move for

The Relative Strength Index (RSI), a popular technical trading indicator, has plunged to 17. Only the bear market bottom in 2018 and the 2020 Covid crash saw lower reads. 

Bitcoin Magazine Senator Lummis to Work With Treasury on Bitcoin Tax Guidance, Hints At Potential Exemption  Senator Cynthia Lummis (R-Wyo.) signaled that she would be open to meet with Treasury Secretary Scott Bessent’s office to explore potential clarity on Bitcoin taxation, including a de minimis exemption for small transactions and guidance on calculating capital gains.

The crypto exchange has instructed affected customers to sign up with eToro by the end of March for withdrawals, while deposits and new accounts have been suspended. 

Despite its mounting losses and plunging share price, the ether treasury firm says it's under no pressure to sell its holdings.