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via CoinDesk · By CoinDesk Staff

Bitcoin treasury companies unwind holdings as the DAT model comes under pressure

BTC

BTC/USDT

$64,421.90

+0.41%

$64,421.90

+0.41%

(24s)

24h Volume

$4,829,295,382.63

24h H/L

$64,475.28 / $63,810.00

Change: $665.28 (1.04%)

Long/Short

65.4%

Long: 65.4%Short: 34.6%

Funding Rate

+0.0005%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,402.00

▲ 0.41%

Volume (24h): -

Resistance Levels

Resistance 3$70,467.59

Resistance 2$66,379.48

Resistance 1$64,562.78

Price$64,402.00

Support 1$64,050.00

Support 2$62,909.86

Support 3$61,277.48

Pivot (PP):$64,562.78

Trend:Uptrend

RSI (14):50.8

CoinDesk Staff

(10:53 AM UTC)

1 min read

Approved byOlivia Bennett

763 views

0 comments

Bitcoin's price collapse has forced some digital asset treasury companies to close. (Ammodramus/Wikimedia Commons)

Summary

Strategy, Satsuma, Smarter Web Company, Sequans, Nakamoto and Empery Digital have sold bitcoin to repay debt, fund operations, finance buybacks or strengthen their cash reserves.
Bitcoin miners MARA and Bitdeer have sold holdings to finance AI infrastructure, while leadership…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

CoinDesk Staff · CoinDesk

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