Bitcoin treasuries break as BTC dips below $70K
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- Strategy is holding firm on its Bitcoin treasury, contrasting with Nakamoto's decision to sell at a loss as BTC dipped below $70K.
- Bitcoin miner Riot Platforms sold over $250 million worth of BTC, indicating a significant divestment by a major industry player (Decrypt).
- The CoinDesk 20 reports Bitcoin (BTC) trading flat, while altcoins are experiencing a rise, suggesting a shift in market dynamics (CoinDesk).
- Trump's new Attorney General has a mixed crypto track record, adding a layer of regulatory uncertainty to the evolving digital asset landscape (Decrypt).
Why it matters: Corporate Bitcoin treasury models are under pressure, with **Riot Platforms** selling over $250 million in BTC, impacting miner revenue.
