Treasury’s Bessent Warns CBDC Would Convey ‘Weakness’
The official previously said that a CBDC was not needed in the U.S.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Slowing ETF demand and corporate treasury selling are breaking the math behind Wall Street’s $16 trillion Bitcoin target
Bitcoin market cap must rise to ARK Invest's roughly $16 trillion 2030 base case, requiring about 78.6% annual growth from the cur...
How a Bitcoin Treasury company sold 600 BTC to cut debt but still ended up with $60 million due in December
Nakamoto, the parent company of Bitcoin Magazine, faces a near-term balance-sheet test at year-end, when 60 million USDT of a Bitc...
This Nasdaq-listed Bitcoin treasury diluted shareholders 18-fold to survive a $212 million crypto loss without selling its stash
GD Culture Group reported a $211.8 million first-half unrealized Bitcoin loss on its holdings while its split-adjusted share count...
A Bitcoin treasury with $67 million in BTC has just $5,397 in cash and needs money immediately
Bitcoin treasury holder CIMG Inc. said in its Aug. 13 quarterly filing that it needs to raise capital immediately, even though it...
Another public company abandons Bitcoin playbook after treasury volatility drove $22 million loss
KULR Technology Group has exited Bitcoin mining, repaid its Coinbase debt, and begun selling its BTC holdings as the battery techn...
Bitcoin Treasury Strategy Bites Back After MSCI Announces Possible Index Removal
Bitcoin Magazine Bitcoin Treasury Strategy Bites Back After MSCI Announces Possible Index Removal Bitcoin treasury Strategy has sa...