In our earlier post, we've stated that some crypto treasuries companies are deep under water. Simultaneously, some crypto mining companies are also deep under water because the mining cost is way above the BTC price (see below).
Thursday, February 5, 2026
Red alert for bitcoin (BTC)! - Part 2
BTC will be experiencing a double whammy! Why?
The crypto miners are losing monies for processing BTC transactions and mining BTC. Either they have to shut down or convert their crypto business into AI data centre in the future. When they do that, they will liquidate their BTC holdings. Therefore, there is a clear and present danger for BTC to fall further when the crypto treasuries companies and crypto miners start to liquidate their BTC holdings to sustain their businesses operations.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment