← Back to news
Capital B buys $29 million in bitcoin after raises, its largest BTC purchase in a year
theblock.co·about 2 hours ago
Read full article →Comments 3
Log in to join the discussion
about 2 hours ago
Didn't realize companies were still stacking that hard, is buying BTC with raise money a common treasury move or is Capital B kind of unusual for doing this?
Who's on the other side of that trade and why are they selling.
The sellers are just normal profit-takers and liquidity providers, there's no mystery whale on the other side, it's just the market clearing a buy order.