BBX Source: "Say Goodbye to Stagnant Holding, Embrace Circulation"—A Guide to Q3 Monetization and On-Chain Interest Generation in the US Stock Crypto Treasury

According to BBX, yesterday's global capital markets witnessed a complete reversal of the enterprise-level crypto asset management logic in the third-quarter reports of US-listed companies. Management teams that once loudly proclaimed "never to sell" during earnings calls are now becoming extremely pragmatic in the face of the realities presented in profit and loss statements and balance sheets. The market focus is shifting from "who bought more" to "who used the assets better." —Monetization for Funding: Bit Digital (NASDAQ: $BTBT) possesses a massive $439 million ETH treasury and is cautiously cashing out some of its assets to support its daily business operations. — Interest rate cuts and debt reduction: Hyperion DeFi (NASDAQ: $HYPD) sold nearly 200,000 HYPE tokens at a high price, decisively repaying corporate debt and locking in a net asset value of $180 million. —On-chain arbitrage: BTCS (NASDAQ: $BTCS) has abandoned the static locking of cold wallets and staked all 46,000 ETH into DeFi protocols such as Aave to create a liquidity pool of over $40 million. The market is showing a clear dual evolutionary trend: "traditional crypto treasuries optimize their balance sheets and repay debts by moderately reducing their holdings and exchanging them for fiat currency at high macro levels" and "high-end listed entities deeply embed their underlying public chain spot holdings into decentralized finance (DeFi) protocols to earn multiple on-chain interest rates". Source: bbx.com