BBX: Morgan Stanley's bottom position is approaching $800 million, Sequans decides to end treasury strategy

BBX News: Last weekend, the global capital market witnessed a highly industry deep two-way flow in the ownership of encrypted core assets. Not all listed companies are crazily hoarding coins anymore, the market is experiencing an extremely rational "asset misalignment correction": ——Financial Attack: Investment banking giant Morgan Stanley steadily raised funds through ETFs, holding a total of 9261 BTC and locking in pricing power with a bottom position of $779 million. ——Industrial retreat: French chip giant Sequans has cleared all 314 BTC, completely ending its treasury strategy and returning the cashed out funds to its semiconductor main business. The market presents a clear structural differentiation trend between "traditional Wall Street financial giants relying on wealth management channels to accelerate their monopoly on Bitcoin spot" and "heavy asset/high R&D technology entities actively divesting high volatility digital assets to flow back cash and defend their main businesses". Source: bbx.com