Strategy cuts full-year bitcoin yield and profit outlook amid crypto pullback: CNBC Crypto World

Today, Bitcoin is in the red to kick off the month of December. Michael Sailor's strategy announces the formation of a nearly $1.5% billion dollar US dollar reserve. And John Wang, head of crypto for Kelshi, explains the company's launch of tokenized predictions on Salana.Welcome to CNBC's Crypto World. I'm Mackenzie Sagalis. Major cryptocurrencies retreated sharply alongside stocks this morning as volatility continued into December.Now, as of noon Eastern, Bitcoin dropped nearly 8% to the $84,000 level aft ...