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Grayscale has weighed in on whether bitcoin is cheap after BTC's recent decline below $60,000. The firm points investors to two key factors that could determine whether the market has found a bottom.

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Brad Garlinghouse has endorsed claims that Wall Street firms are increasingly pursuing the same institutional finance strategy that XRP was once criticized for supporting.

 

Japanese developer Enish liquidated its total position of 8.063 Bitcoin with an approximate cumulative loss of 24.7 million yen. The company's active treasury project will reallocate about 720 million yen toward the network's transaction validation infrastructure. MicroStrategy and Metaplanet recorded operational variations and drops in their net asset value metrics in early June 2026.

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Fold monetized Bitcoin at $71K average, cleared all secured debt, and freed $25M for business growth.