In a historic turn, Bitcoin treasury companies have recorded three consecutive weeks of selling, marking the first such streak ever. This shift comes amid recent market volatility, which has led some firms to reevaluate their positions after a prolonged period of accumulation, where public companies had adopted Bitcoin as a hedge against fiat currency devaluation and for portfolio diversification. The ongoing selling phase signifies a significant deviation from the long-standing trend of steady corporate accumulation in the cryptocurrency market.
Bitcoin experiences historic selling trend as treasury firms offload assets
