CryptoCondom|Nov 21, 2025 12:02
This is an interesting article. @intern_cc and I are working to track the AI companies BTC holdings to study any sales/future sales.
"Blockchain analytics firm Arkham Intelligence tracks 87 AI companies holding a combined 26.8 billion in Bitcoin. These holdings serve as collateral for operating loans, GPU purchase financing, and founder liquidity.
...These markdowns trigger margin calls on loans collateralized by Bitcoin. Liquidation cascades follow. Market microstructure analysis suggests that 23.4 billion in forced Bitcoin selling (representing the collateralized portion of AI company holdings) would drive prices to approximately 52,000—a 42% decline from current levels—based on historical order book depth and liquidity profiles."
Sauce: https://substack.com/inbox/post/179453867?r=6p7b5o&utm_medium=ios&utm_source=post-publish&triedRedirect=true
@arkham @artemis @blockworksres calling on you guys to help validate this as well. Por las familias.(CryptoCondom)
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