🚨 BREAKING
BLACKROCK IS SELLING CRYPTO AHEAD OF THE FED CHAIR SPEECH TODAY.
THEY JUST SOLD 17,700 $BTC WORTH $2 BILLION AND KEEP DUMPING MORE EVERY FEW HOURS.
DO THEY KNOW RATE CUTS ARE CANCELLED?? pic.twitter.com/bT3FXeddA7
— 0xNobler (@CryptoNobler) October 29, 2025
This isn’t a good sign. 🚨
That’s the second Treasury company I’ve seen selling tokens.
Sequan Bitcoin Treasury just sold $110,000,000 $BTC. pic.twitter.com/guTwVZM80B
— Ted (@TedPillows) October 28, 2025
Crypto Treasury Stocks Face a Reckoning. Why Boom Could Turn to Bust.
The boom in companies holding large stocks of cryptos has been a hot play this year, but that trade is now at risk of imploding and dragging down the rest of the sector with it.
https://www.barrons.com/articles/crypto-treasury-stocks-strategy-bitcoin-80005ff0
After a flurry of billion-dollar raises, hundreds of newly minted crypto firms are now fighting to justify their valuations and prove their treasury strategies amount to more than hype.
Inthe span of just a few months, a corporate copycat phenomenon has swept through digital assets.
The playbook, pioneered by Michael Saylor’s bitcoin-hoarding behemoth, Strategy, is ostensibly simple: create or rebrand a publicly traded company, raise money through debt and equity, use the proceeds to buy a single cryptocurrency (usually bitcoin, but increasingly others like ether, solana and avalanche) and market the stock as a safer and often leveraged way for investors to gain crypto exposure without holding the tokens themselves.
Fueled by rising crypto prices and a friendlier regulatory environment for digital assets, the model has worked spectacularly for some. Since Strategy’s first bitcoin purchase in August 2020, its stock is up over 2,200% and has mostly traded for a significant premium to the value of the bitcoin it holds on its balance sheet. Japan’s Metaplanet, which adopted a similar “digital asset treasury” (DAT) model in April 2024, has soared 3,830% since it began buying crypto.