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
$73,664.5+0.01%
ETH/USDTEthereum
$2,060.33+0.02%
SOL/USDTSolana
$83.47+0.01%
Today’s market buzz
1#After the US October CPI exceeded expectations, AI stocks and crypto trends diverged
Hot
2#Goldman Sachs predicts Anthropic's revenue will exceed $600 billion by 2030
Hot
3#NVIDIA plunges for five consecutive days, marking its worst performance since 2022, with market value surpassed by Microsoft
