Bitfinex said in an analysis released on Oct. 30 Beijing time that 180 publicly listed Bitcoin treasury companies collectively hold 1.3 million BTC. The note focused on whether purchases funded through preferred share issuance by firms including Strategy and Strive can be sustained over time. It also raised doubts about the depth of investor demand for discounted preferred shares, warning that weak demand could reduce the funding available for future Bitcoin accumulation. The item was cited by Techub News, with Crypto.news referenced as the source of the analysis.
Techub News reported that Bitfinex said in an analysis released on Oct. 30 Beijing time that 180 publicly listed Bitcoin treasury companies collectively hold 1.3 million BTC.
The analysis focused on the sustainability of Bitcoin purchases financed through preferred share offerings by companies including Strategy and Strive. Bitfinex also questioned that funding route, saying insufficient investor demand for discounted preferred shares could weaken the source of capital for further Bitcoin accumulation.
The report cited Crypto.news.
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