Corporate Bitcoin Treasury Debt Could Force BTC Sales

Corporate Bitcoin treasuries could face calendar-driven selling of 77,100–128,500 BTC in a bear case over the next two years. Strategy reported 843,738 BTC as of May 25, alongside $6.7 billion in convertible notes and $15.5 billion in preferred stock. The stress case puts potential selling at 192,800+ BTC if one large treasury company loses refinancing access.
BTC-1.69%
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