✉news BusinessCrypto first seen 13 d ago, last 12 d ago, peak #1
Nasdaq-listed firm may sell $450 million in bitcoin
Original: A Nasdaq-listed company may sell $450 million bitcoin, citing Binance hack and quantum fears
A company listed on the Nasdaq is reportedly considering selling around $450 million worth of bitcoin, citing the recent Binance hack and concerns over quantum computing as reasons. The report, carried by CoinDesk, has drawn attention in crypto circles, with observers weighing what a sale of that size could mean for bitcoin's price and for corporate bitcoin treasuries more broadly.
Why now: Investors are reacting to the possibility of a large bitcoin liquidation at a time of security and technology fears.
Evidence
- A Nasdaq-listed company may sell $450 million bitcoin, citing Binance hack and quantum fears · CoinDesk
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