Post
Hassan Imtiaz
💰 BTC treasury companies are in profit but barely buying.
They hold #BTC at a cost basis of about $80K, and price has closed above it since September 18.
In profit, buying can feed on itself: purchases lift price, price lifts their shares, and their shares fund more purchases.
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$68,316.5-0.01%
ETH/USDTEthereum
$1,933.54+0.00%
SOL/USDTSolana
$78.33-0.02%
Today’s market buzz
1#NvidiaCEOStepsDown
2#FedHawkishChorus
3#AnthropicIPOOrderDemand
