BBX News: Yesterday, the global public market presented a highly contrasting yet logically coherent answer to the allocation logic of cryptocurrency assets. Capital is no longer whitewashing peace, but using real money and silver purchases and real balance sheets to depict the two faces of current cryptocurrency concept stocks:
——Giant's heavy cash sweep: Strike (NASDAQ: $ASST) used $109 million in fiat ammunition to forcefully buy 1375 BTC at a high of nearly $80000, with a total holding of 24531 BTC.
——Counter wind accumulation of computing power: Canaan Technology (NASDAQ: $CAN) suffered a net loss of $97.6 million in Q2, but still held onto its dual core digital vault of 1915.5 BTC and 3951.7 ETH despite losing money on its books.
The market presents a clear dual evolution trend of "multi position treasury entities relying on abundant liquidity to monopolize spot markets" and "traditional computing power enterprises still refuse to sell core encrypted bottom positions to the market under financial statement pressure".
Source: bbx.com
