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BBX: Bit Digital and Riot build a defense line of over 100 million assets, Nakamoto sells coins to repay $45 million loan

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BBX News: Yesterday, global listed companies staged a sharp strategic contrast in the scheduling of their Q2 financial statements and cryptocurrency assets. Disregarding market fluctuations, companies with primary liquidity and the ability to generate physical assets continue to expand their defense fortresses, while entities burdened with high collateral debt have to sell off spot positions to avoid leverage liquidation: ——PoS Treasury High Gross Profit: Bit Digital (NASDAQ: $BTBT) saw a significant reduction in Q2 losses, holding 164310.5 ETH and $83.6 million in cash, with gross profit margin rising to 57.9%. ——Massive liquidity defense line: Riot Platforms (NASDAQ: $RIOT) had Q2 revenue of $174 million and controlled over $1.2 billion in liquid assets (including 11380 BTC and 548.9 million pure cash). ——Sell coins to deleverage: Nakamoto (NASDAQ: $NAKA) sold 600 BTC to cash out $48 million, repaid $45 million in USDT mortgage loans, and still carries $165 million in debt. The market presents a clear dual evolutionary trend of "top listed mining companies and PoS treasury building liquidity defenses with high cash and diversified revenue" and "high leverage holding entities forced to sell spot to repay pledged debts". Source: bbx.com

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