#ETH巨鲸增持 A certain institution recently disclosed the iron rule of $BTC holdings management: under what circumstances will reserves be utilized?

The answer is clear - both conditions must be met: the company's stock price falls below the NAV, and there is no cash available on hand. In other words, Bitcoin is the last line of defense.

This operational logic is actually quite interesting. Treat BTC as a strategic reserve rather than a trading commodity, only considering liquidation during extreme liquidity crises. The market should have understood this determination of Holdings.

ETH-9.76%

BTC-7.1%

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HodlKumamon

· 11-30 13:50

The fact that Bitcoin is being used as a trump card indicates that institutions have long understood this, while we retail investors are still struggling with when to sell... The data is right here; usually, we hold on tight, only making moves in extreme situations. This is what true belief looks like, right?

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GameFiCritic

· 11-30 13:43

This is the professional Holdings logic. BTC is really being treated as the last line of defense. Unlike some projects, where the moment they get the coin, they want to start dumping and cashing out, they treat reserves as reserves and only move when the liquidity pressure is enormous. This determination deserves a five-star rating.

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StakeTillRetire