BBX: Trive buys 2822 BTC, Evernorth partners with four giants

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BBX News: Yesterday, the global public market delivered a stunning capital response in terms of the strategic pricing power and liquidity dominance of cryptocurrency assets. Faced with the volatile macro financial environment, listed companies holding large amounts of money not only failed to shrink their defense line, but also poured fiat currency ammunition into the core battlefield of the cryptocurrency market in an extremely violent manner: ——Absolute buying power: Strike (NASDAQ: $ASST) mercilessly smashed $235 million, taking 2822 BTC in one go and pushing total holdings to a strategic high of 35595 BTC. ——Ecological activation: Evernorth (NASDAQ: $XRPN) has formed an alliance with four giants including Ripple, bringing $648 million worth of XRP spot to the forefront and launching a full ecosystem liquidity deployment. The market presents a clear dual evolutionary trend of "Bitcoin's top treasury relies on deep cash pools to implement hundreds of millions of dollars worth of spot inventory without cost" and "newly listed altcoin treasury collaborates with top compliance institutions to convert static book assets into high turnover ecological liquidity". Source: bbx.com

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