$630M Liquidated as Bitcoin Dips Below $115K | BitPinas Live Crypto Updates | Aug. 01, 2025
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From liquidations to tariffs, from Algeria to South Korea, we’re tracking today’s most important crypto and AI stories as they unfold. This article will be updated throughout the day.
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Strategy Predicts Bitcoin Will Hit $150,000 by Year-End 2025
Strategy (MSTR), the largest corporate holder of Bitcoin, reported Q2 operating earnings of $14 billion and net income of $10 billion, driven by a 30% rise in BTC prices during the quarter.
The company now holds 628,791 BTC and expects Bitcoin to reach $150,000 by the end of 2025. Strategy has raised its full-year BTC yield target to 30% and forecasts $34 billion in operating income and $24 billion in net income.
The firm plans to raise an additional $4.2 billion through a preferred stock offering to buy more Bitcoin under its “42/42” plan. CEO Phong Le said Strategy is among the most misunderstood and undervalued stocks in the S&P 500 despite posting the ninth-highest operating income among its peers. Strategy’s software unit generated $114 million in revenue, while its BTC dollar gain now exceeds $13 billion. MSTR shares closed at $401.86 and dipped 1.4% in after-hours trading.
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$630M Liquidated in Past 24 Hours as Bitcoin Dips Below $115K
Crypto liquidations totaled $630.64 million in the past 24 hours as Bitcoin fell below $115,000. Data from CoinGlass showed that 158,291 traders were liquidated.
- Long positions made up $569.11 million of the total, while shorts accounted for $61.53 million.
- The largest single liquidation, valued at $13.79 million, occurred on Binance in the ETHUSD perpetual market.
- Binance recorded $146.17 million in total liquidations, followed by Bybit with $137.11 million and Gate.io with $49.33 million.
- Bitcoin and Ether accounted for the most liquidations, with $68.79 million and $75.53 million, respectively.
The drop followed a stronger-than-expected U.S. inflation report, which lowered the odds of a September Fed rate cut and weighed on risk assets.
This article will be updated throughout the day: $630M Liquidated as Bitcoin Dips Below $115K | BitPinas Live Crypto Updates | Aug. 01, 2025
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