Strategy faces $12.54 billion loss, Saylor considers bitcoin sale to fund dividends, Laura Shin reveals

Strategy faces $12.54 billion loss, Saylor considers bitcoin sale to fund dividends, Laura Shin reveals
Strategy Q1 loss and crypto job cuts

Laura Shin, industry influencer, reports that Strategy posted a $12.54 billion loss for the first quarter, with Michael Saylor now considering selling bitcoin for the first time to cover dividends.

The update also notes that Coinbase has cut 14% of its staff due to a downturn in the crypto market and the impact of artificial intelligence on team operations. Additionally, Kraken has announced a new partnership, as highlighted in the report.

Shin previously covered Luca Netz’s comments on the Pump token, where an airdrop was expected to impact token dynamics before being redacted from the plan. Recent warnings from PaulFrambot focused on concerns about human error and offchain stack risks in decentralized finance. These earlier updates coincide with ongoing operational changes at major crypto firms.

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