BREAKING
137d 23h ago

Melanion Capital Pioneers Bitcoin (BTC) Treasury in Europe, Raising €50M to Implement BTOC Model

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

COINOTAG News on September 25 reported that French asset manager Melanion Capital has launched a strategic initiative, becoming Europe’s first private, regulatory-compliant asset manager to implement a Bitcoin Treasury Operations Model (BTOC). The Melanion board intends to raise €50 million, fully earmarked for Bitcoin allocation, constituting one of the largest private Bitcoin treasury commitments in Europe and reflecting the firm’s view that corporate treasuries must adapt to evolving monetary dynamics. Operating as a private entity enables bespoke approaches to managing volatility, transaction structuring and liquidity directly on the balance sheet. Melanion will implement a sustainable treasury model and provide a practicable framework for other private enterprises seeking to adopt BTOC practices.

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