
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
$74,325.3+0.00%
ETH/USDTEthereum
$2,080.46+0.00%
SOL/USDTSolana
$84.88+0.00%
Today’s market buzz
1#After the US October CPI exceeded expectations, AI stocks and crypto trends diverged
2#Goldman Sachs predicts Anthropic's revenue will exceed $600 billion by 2030



3#NebiusAI cloud business rapid growth faces earnings report test
