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Bitcoin treasury trade faces a new test after Nakamoto sold $20M at a loss

A company built to accumulate Bitcoin has now sold it at a loss. That changes the question for investors from upside exposure to which treasury firms can still fund the trade if markets stay tight. Bitcoin enters April with a price carrying the weight of macro conditions, corporate balance sheets, and the credibility of the […] The post Bitcoin treasury trade faces a new test after Nakamoto sold $20M at a loss appeared first on CryptoSlate.

Bitcoin treasury trade faces a new test after Nakamoto sold $20M at a loss