New Strategy Bitcoin Buy Doesn't Instill Fresh Confidence -- Market Talk

Dow Jones03:09

1509 ET - The doubts that were introduced when treasury company Strategy announced a sale of 32 bitcoin don't seem to have gone away this week, even with Strategy confirming a new purchase of 1,550 bitcoin made on Monday. Instead, bitcoin appears to be locked in what's being called a "correction" by analysts with Bitfinex. "As this correction matures, the transfer of supply from long-term holders to newer hands at discounted prices remains a necessary part of the bottoming process," says the firm in a note. "Yet the current pace of loss realisation suggests this structural flush isn't yet complete." Bitcoin is down 0.4% to $61,885, according to data from LSEG. (kirk.maltais@wsj.com)

(END) Dow Jones Newswires

June 10, 2026 15:09 ET (19:09 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2642494473?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-11 03:09","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2642494473","market":"sh","top_or_hot":-1,"title":"New Strategy Bitcoin Buy Doesn't Instill Fresh Confidence -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1509 ET - The doubts that were introduced when treasury company <a href=\"https://laohu8.com/S/MSTR\">Strategy</a> announced a sale of 32 bitcoin don't seem to have gone away this week, even with <a href=\"https://laohu8.com/S/STRF\">Strategy</a> confirming a new purchase of 1,550 bitcoin made on Monday. Instead, bitcoin appears to be locked in what's being called a \"correction\" by analysts with Bitfinex. \"As this correction matures, the transfer of supply from long-term holders to newer hands at discounted prices remains a necessary part of the bottoming process,\" says the firm in a note. \"Yet the current pace of loss realisation suggests this structural flush isn't yet complete.\" Bitcoin is down 0.4% to $61,885, according to data from LSEG. (kirk.maltais@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 10, 2026 15:09 ET (19:09 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>New Strategy Bitcoin Buy Doesn't Instill Fresh Confidence -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNew Strategy Bitcoin Buy Doesn't Instill Fresh Confidence -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-11 03:09</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1509 ET - The doubts that were introduced when treasury company <a href=\"https://laohu8.com/S/MSTR\">Strategy</a> announced a sale of 32 bitcoin don't seem to have gone away this week, even with <a href=\"https://laohu8.com/S/STRF\">Strategy</a> confirming a new purchase of 1,550 bitcoin made on Monday. Instead, bitcoin appears to be locked in what's being called a \"correction\" by analysts with Bitfinex. \"As this correction matures, the transfer of supply from long-term holders to newer hands at discounted prices remains a necessary part of the bottoming process,\" says the firm in a note. \"Yet the current pace of loss realisation suggests this structural flush isn't yet complete.\" Bitcoin is down 0.4% to $61,885, according to data from LSEG. (kirk.maltais@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 10, 2026 15:09 ET (19:09 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CBXO","symbol_name":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - October","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2642494473","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2642494473","pubTimestamp":1781118540,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1509 ET - The doubts that were introduced when treasury company Strategy announced a sale of 32 bitcoin don't seem to have gone away this week, even with Strategy confirming a new purchase of 1,550 bitcoin made on Monday. Instead, bitcoin appears to be locked in what's being called a \"correction\" by analysts with Bitfinex. \"As this correction matures, the transfer of supply from long-term holders to newer hands at discounted prices remains a necessary part of the bottoming process,\" says the firm in a note. \"Yet the current pace of loss realisation suggests this structural flush isn't yet complete.\" Bitcoin is down 0.4% to $61,885, according to data from LSEG. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CBXO":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - October","MAXI":"比特币期货ETF-Simplify","BITX":"2倍比特币期货ETF-Volatility Shares","FBTC":"比特币ETF-Fidelity","BTCW":"比特币ETF-Wisdom Tree","CBXY":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - July","CBOA":"Calamos Bitcoin Structured Alt Protection ETF - April","BITY":"Amplify Bitcoin 2% Monthly Option Income ETF","BTCZ":"T-Rex 2X Inverse Bitcoin Daily Target ETF","CBOJ":"Calamos Bitcoin Structured Alt Protection ETF - January","BITB":"比特币ETF-Bitwise","BETE":"等权重比特币&以太币期货ETF-ProShares","CBTA":"Calamos Bitcoin 80 Series Structured Alt Protection ETF – April","DFII":"FT Cboe Vest Bitcoin Strategy & Target Income ETF","BFJL":"FT Vest Bitcoin Strategy Floor15 ETF - July","XBTY":"GraniteShares YieldBOOST Bitcoin ETF","DEFI":"比特币期货ETF-Hashdex","BETH":"比特币&以太币期货ETF-ProShares","BTC":"Grayscale Bitcoin Mini Trust","BAGY":"Amplify Bitcoin Max Income Covered Call ETF","IBIT":"比特币ETF-iShares","CBTJ":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - January","EZBC":"比特币ETF-Franklin","BTCFF":"Bitcoin Treasury Corporation","BITI":"1倍做空比特币期货ETF-Proshares","BTCC":"Grayscale Bitcoin Covered Call ETF","MNRS":"GRAYSCALE BITCOIN MINERS ETF","GBTC":"比特币ETF-Grayscale","BTF":"比特币&以太币期货ETF-CoinShares","YBTC":"比特币看涨期权ETF-Roundhill","CBOO":"Calamos Bitcoin Structured Alt Protection ETF - October","CBTO":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - October","BTCI":"NEOS Bitcoin High Income ETF","QBF":"Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly","BTFX":"比特币期货ETF-CoinShares","BITO":"比特币期货ETF-ProShares","BRRR":"比特币ETF-CoinShares","BPI":"Grayscale Bitcoin Premium Income ETF","CBTY":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - July","BTCL":"T-REX 2X LONG BITCOIN DAILY TARGET ETF","BFAP":"FT Vest Bitcoin Strategy Floor15 ETF - April","CBXA":"Calamos Bitcoin 90 Series Structured Alt Protection ETF – April","SBIT":"2倍做空比特币期货ETF-Proshares","CBOY":"Calamos Bitcoin Structured Alt Protection ETF - July","ARKB":"比特币ETF-21Shares","BTCO":"比特币ETF-Invesco Galaxy","CBXJ":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - January","HODL":"比特币ETF-VanEck","BITU":"2倍做多比特币期货ETF-Proshares","BCCC":"Global X Bitcoin Covered Call ETF","BTRN":"比特币期货ETF-Global X"},"translate_title":"新战略比特币收购并没有注入新的信心——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CBOY":0.6,"BITU":0.6,"DEFI":0.6,"BCCC":0.6,"SBIT":0.6,"YBTC":0.6,"CBTO":0.6,"ARKB":0.6,"BETE":0.6,"XBTY":0.6,"CBTA":0.6,"HODL":0.6,"BTCL":0.6,"FBTC":0.6,"BTCI":0.6,"BTCO":0.6,"BITO":0.6,"CBOJ":0.6,"BETH":0.6,"BTFX":0.6,"BTCFF":1.84,"QBF":0.6,"BPI":0.6,"BITY":0.6,"GBTC":0.6,"BTCC":0.6,"BITB":0.6,"CBOA":0.6,"BTCW":0.6,"BFJL":0.6,"CBTY":0.6,"BITX":0.6,"BTC":0.6,"BITI":0.6,"BTCZ":0.6,"CBXJ":0.6,"CBXY":0.6,"BFAP":0.6,"CBXA":0.6,"BAGY":0.6,"BTF":0.6,"IBIT":0.6,"MNRS":0.6,"CBTJ":0.6,"EZBC":0.6,"MAXI":0.6,"CBXO":0.6,"BTRN":0.6,"DFII":0.6,"BRRR":0.6,"CBOO":0.6},"content_text":"1509 ET - The doubts that were introduced when treasury company Strategy announced a sale of 32 bitcoin don't seem to have gone away this week, even with Strategy confirming a new purchase of 1,550 bitcoin made on Monday. Instead, bitcoin appears to be locked in what's being called a \"correction\" by analysts with Bitfinex. \"As this correction matures, the transfer of supply from long-term holders to newer hands at discounted prices remains a necessary part of the bottoming process,\" says the firm in a note. \"Yet the current pace of loss realisation suggests this structural flush isn't yet complete.\" Bitcoin is down 0.4% to $61,885, according to data from LSEG. (kirk.maltais@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 10, 2026 15:09 ET (19:09 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2642494473","isCrawlerRequest":true}