In fact, BTC only outperformed the S&P500 on around one third of trading days over the last 3 months.
This is the longest underperformance streak we've seen over the last 6 years of history. The question now is whether this is the start of a trend or just one of those 3 days.
2/2
🚨EMPERY DITCHES STRATEGY-LIKE BTC TREASURY: SELLS 1,400 BTC FOR AI PIVOT!
Nasdaq-listed Empery Digital sold 1,400 $BTC since May at ~$62,200 avg for $87.1M to repay debt, fund a $65M Midwest AI data center stake, and cover legal/ops costs.
Now holds 1,514 $BTC. No plans to accumulate more; may sell additional to fund AI/energy infrastructure.
Discontinuing BTC-only NAV disclosures.
Wrapped BTC is only as strong as the collateral structure behind it.
For institutions, the real questions are reserve separation, rehypothecation, redemption, and verification.
cirBTC is designed to meet that standard with 1:1 BTC backing, segregated collateral, real-time onchain proof of reserves, and a neutral issuer model.
this whole Solana vs Hyperliquid perps banter is retarded
total crypto market cap excluding btc is only a $1 trillion market
there are 12 assets/companies in the world with a larger market cap than the entire altcoin market cap
think bigger. higher.