Meet the New Bitcoin Treasury Firm That Already Plans to Sell BTC

Crypto Insight Summary: Most bitcoin treasury companies follow the buy-and-try-to-hold model pioneered by Strategy, the publicly traded giant with nearly $72 billion worth of BTC. But a new entrant to the space says it already plans to sell acquired assets in an effort to beat bitcoin’s price moves. A Different Kind of Strategy On Friday, Supercycle Finance announced […] Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Additional selling pressure from new treasury firm could weigh on BTC price.