The sale underscores liquidity pressures as the company continues its pivot to a bitcoin treasury strategy.
David Bailey’s Nakamoto sells roughly 5% of its bitcoin holdings, offloading 284 BTC
The sale underscores liquidity pressures as the company continues its pivot to a bitcoin treasury strategy.
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All 20 assets within the CoinDesk 20 are trading higher today.
On-chain data shows the realized price has climbed above the 200-week moving average, a historical signal of sustained bull markets.
The contracts trade 24/7, are cash-settled in USDC and allow for up to 10-times leverage on single-stock contracts and 20-times on ETF products.
STRK has risen more than bitcoin and the S&P 500 index while offering an attractive yield and differentiated market exposure.