Bitcoin Sell-Off Slams Retail Traders as Strategy ETFs Crash 80% and Company Builds $1.44 Billion USD Reserve
December 2, 2025 – NEW YORK / SINGAPORE Bitcoin’s latest slide is turning into one of the harshest wake‑up calls yet for leveraged crypto traders and fans of single‑stock ETFs tied to Bitcoin giant Strategy Inc. Nearly $1 billion in leveraged crypto bets have been wiped out in just one session, while the most aggressive Strategy‑tracking ETFs have tumbled about 80% this year—and that’s before the company itself warned that 2025 could still end in a multibillion‑dollar loss. The Business Times+1 At the centre of the storm is Strategy’s decision to create a $1.44 billion US dollar reserve to reassure