CHART: Strategy’s BTC growth slows to multi-year low
Strategy has been adding BTC to its treasury at its slowest rate in five years. Worse, its mNAV is also falling.
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.
The Texas court rejected the Treasury’s arguments and ruled that it can longer sanction the crypto mixer accused of laundering Lazarus funds.