00:00It's Benzinga, bringing Wall Street to Main Street.
00:03Crypto treasury stocks are tumbling as Bitcoin and Ether prices fall,
00:06reversing one of 2025's hottest trades, according to the Wall Street Journal.
00:11Strategy, Michael Saylor's rebranded MicroStrategy,
00:14has dropped from a $128 billion peak in July to $70 billion.
00:20Shares of Thiel-backed Bitmine Immersion Technologies and Ethzilla
00:24have fallen 30% and 23%, respectively, after Trump's China tariffs
00:30and the prolonged government shutdown sparked a broader crypto sell-off.
00:35Analysts say the pullback highlights that crypto treasury firms,
00:38companies that borrow or raise capital to buy crypto,
00:42act as leveraged bets on digital assets.
00:44Some investors are unwinding trades, while others are doubling down,
00:48viewing the slump as a buying opportunity.
00:50For all things money, visit Benzinga.com.
00:54Benzinga is también en la چ Momente de Blocos,
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