Bitcoin treasuries hold 1.3M BTC as Bitfinex flags funding risk

Bitcoin treasury companies have accumulated 1.3 million BTC across 180 listed firms, with Bitfinex questioning whether investor demand for discounted preferred shares could weaken the financing behind further purchases. Strategy holds 848,517 BTC, representing roughly two-thirds of the corporate total cited by Bitfinex. STRC closed at $99.34 on Oct. 29, just below its $100 stated value. Strive purchased 6,182 BTC during Oct. 17–23, bringing its holdings to 43,000 BTC. Strategy’s approved dividend changes include daily record dates, with weekend payments grouped under settlement rules. Bitfinex’s Oct.

Source: crypto.news