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GODSON001
Lookonchain's estimate that 14 listed firms disposed of about 108,000 BTC through Nov. 10 puts corporate treasury demand in a more conditional light. With MARA and Riot responsible for over half, miner balance-sheet decisions are doing much of the work.
Strategy still added 1,036 BTC, yet its STRC buybacks exceeded that purchase spend. Debt, expansion needs and capital-return choices may matter as much as reserve conviction.
#ListedFirmsSell108KBTC
