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Bitcoin activity remains vibrant, yet cautious spending by treasury companies shows a distinct shift in approach

From vtmarkets.com

Recent data shows that Bitcoin treasury holdings are diminishing. While Bitcoin remains popular, companies known as “Bitcoin treasury companies” are buying less than before, reflecting a cautious approach. Reports indicate these companies hold a record 840,000 Bitcoin but are reducing the amount purchased per transaction. For instance, Strategy’s purchases have decreased by 86% from earlier in the year, suggesting financial constraints or increased caution. El Salvador’s purchase of gold for the first time since 1990, to diverge from Bitcoin, suggests a possible bearish sentiment for Bitcoin. Japan’s potential ... (full story)

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  • Category: Fundamental Analysis