Tag: Bitcoin Treasuries
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Bitcoin Treasuries Reset After NAV Meltdown
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Net Asset Values (NAVs) in Bitcoin treasury firms have seen a dramatic collapse, but analysts at 10x Research argue this downturn may signal the beginning of a new era rather than the end of one.In a report shared with Cointelegraph on Friday, the research firm described the current market correction as a “reset” that could…
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European Firms Expand Bitcoin Treasuries
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Bitcoin’s momentum as a corporate treasury asset continues to accelerate across Europe, with two major companies, France’s The Blockchain Group and the UK-based Smarter Web Company announcing significant additions to their Bitcoin reserves. On Monday, The Blockchain Group revealed it had acquired 116 BTC for €10.7 million ($12.55 million), while The Smarter Web Company disclosed…