US 20-year bond auction just had its worst showing ever
Hours after Scott Bessent hailed two "successful" debt auctions, America sold 20-year bonds at their worst rate since 1986.
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Hours after Scott Bessent hailed two "successful" debt auctions, America sold 20-year bonds at their worst rate since 1986.
Read more (3 min) →Avalanche treasury stock, which wanted to amass $1B in AVAX, crashed 93% and told the SEC it might not survive the year.
— Bitcoin, Sequans Communications
Bitcoin treasury company Sequans Communications is selling all of its coins. Its stock price is down 80% since first acquiring BTC.
Solana treasury bet has left Forward Industries with approximately $1B in unrealized losses after expenses.
Proposal GIP-143 cites extensive community discussions about KPK’s performance, cost, risk exposure, and alignment with DAO objectives.
— Michael Saylor, MicroStrategy
Strategy founder Michael Saylor has made many dubious claims, but this week’s likening of MSTR to "digital treasuries" might take the cake.
Strategy has been adding BTC to its treasury at its slowest rate in five years. Worse, its mNAV is also falling.
Public treasury companies have raised about $10 billion this year to buy BTC, yet the spot price keeps falling.
Scott Bessent confirmed a disappointing amount of US government bitcoin this morning, putting the number at $15B to $20B.
As of publication time, Upexi has a market capitalization of $330M and holds 1.9M SOL worth over $353M. Its mNAV is a sad 0.94X.