BTC Digital Ltd. faced significant pressure on June 5, 2026, amid a broad cryptocurrency market downturn. Bitcoin fell for a fifth consecutive day. The asset reached a four-month low during this period.
The decline wiped out more than $160 billion in market value since the start of the week. Total market value for Bitcoin treasury companies dropped by approximately $62 billion from its recent peak. Major holder Strategy Inc. intensified the sell-off by announcing its first asset sale since 2022. This move sparked wider concerns among investors regarding corporate digital asset holdings.