$BTC - Bitcoin Treasury firm dumps 600 BTC to trim debt, still faces 60M USDT due in December
sold 600 coins to pay down debt, but the math barely moved.
June 30 snapshot showed 19.1M USDT cash and roughly 662 unencumbered BTC on hand.
December principal still sits near 60M USDT - selling hundreds of coins didn't close the gap.
BTC trades 63,144 USDT (+0.1%), ETH at 1,895 USDT (+0.7%) on the live tape.
Unencumbered BTC against a 60M USDT wall is a tight spot - one sharp drawdown and the treasury math gets ugly fast.
$BTC
#Bitcoin #BTC #CryptoAI
sold 600 coins to pay down debt, but the math barely moved.
June 30 snapshot showed 19.1M USDT cash and roughly 662 unencumbered BTC on hand.
December principal still sits near 60M USDT - selling hundreds of coins didn't close the gap.
BTC trades 63,144 USDT (+0.1%), ETH at 1,895 USDT (+0.7%) on the live tape.
Unencumbered BTC against a 60M USDT wall is a tight spot - one sharp drawdown and the treasury math gets ugly fast.
$BTC
#Bitcoin #BTC #CryptoAI