Companies, Governments Sell Bitcoin
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Public companies and governments are selling their bitcoin holdings to stabilize finances, with prices currently around $66,500. Empery Digital offloaded 370 bitcoin for $24.7 million, Genius Group sold 84 bitcoin to cover debt, and Riot Platforms sold 500 bitcoin for $34.13 million. Bhutans government trimmed 3,103 bitcoin from their peak of 13,000. Despite the sales, public bitcoin treasuries still hold over 1.16 million coins, indicating the game is far from over.
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