Sequans sold its last 314 BTC. zero crypto left on the balance sheet
a treasury company with no treasury)
DWF Ventures went through the 20 largest crypto treasury companies
16 of them trade below the coins they hold
still above water: Bit Digital, Strive, Hyperliquid Strategies, BitMine
the model needed a premium on the stock
sell shares, buy crypto, repeat
at a discount every new share just burns the holders
Strategy's last weekly update: no $BTC
bought, no shares sold
$176.3 million went into buying back its STRC preferreds instead
the buyer that carried this cycle is sitting on its hands
same as me, for what it's worth. I hold no bitcoin at the moment, only BNB and stables
#BitcoinFallsToAround$84,600ThisWeek #SpotBitcoinETFsInflow$2.31BInFourDays #BitcoinFallsBelow$83,000
a treasury company with no treasury)
DWF Ventures went through the 20 largest crypto treasury companies
16 of them trade below the coins they hold
still above water: Bit Digital, Strive, Hyperliquid Strategies, BitMine
the model needed a premium on the stock
sell shares, buy crypto, repeat
at a discount every new share just burns the holders
Strategy's last weekly update: no $BTC
bought, no shares sold
$176.3 million went into buying back its STRC preferreds instead
the buyer that carried this cycle is sitting on its hands
same as me, for what it's worth. I hold no bitcoin at the moment, only BNB and stables
#BitcoinFallsToAround$84,600ThisWeek #SpotBitcoinETFsInflow$2.31BInFourDays #BitcoinFallsBelow$83,000
