Bitcoin treasuries hold 1.3M BTC as Bitfinex flags funding risk
AI summary
Bitcoin treasury companies now hold 1.3 million BTC across 180 listed firms, according to a Bitfinex analysis dated Oct. 30. Bitfinex questions whether investor demand for discounted preferred shares could weaken the financing that funds further purchases, citing Strategy and Strive as examples. Traders should watch whether these vehicles can keep raising capital, since a slowdown in treasury buying would remove a steady source of BTC demand.
