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BBX News: Last weekend, the global capital market staged an extremely hardcore strategic confrontation on the disposal and securitization path of cryptocurrency assets. No longer blindly following a single narrative of hoarding coins, listed entities are making independent choices that best serve the interests of shareholders based on their own balance sheets and business models ——Leveraged expansion: Evernorth Holdings has teamed up with South Korean investors to use $30 million in convertible bonds (PIK) to load leverage ammunition into its XRP treasury, which is about to land on NASDAQ. ——Absolute monetization: Bitdeer (NASDAQ: $BTDR) cashed out all 287.2 outputs in a single week, crushing the book risk of currency price fluctuations with zero position financial discipline. The market presents a clear dual evolutionary trend of "planned listed treasury entities introducing traditional overseas securities firms' funds to issue convertible bonds to hoard non Bitcoin ecological assets" and "industrial grade computing power enterprises firmly realizing digital assets to consolidate fiat cash flow". Source: bbx.com