Hupzy (Spot On Chain)|Aug 10, 2026 04:30
BTC treasury firm Empery Digital sold ๐ญ,๐ฒ๐ฏ๐ฑ ๐๐ง๐ (~$102.2M) since July 1, cutting unrestricted reserves 76% to just 325 BTC in weeks. The company faces a further $๐ฒ๐ฎ.๐ญ๐ property acquisition commitment, signaling more selling ahead.
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: This is the second leveraged BTC treasury company forced to liquidate after MSTR's 59,000 BTC sale. The pattern is clear โ debt obligations and acquisition commitments are cracking the treasury model. With only 325 unrestricted BTC remaining and a looming commitment, Empery has limited room before further forced selling adds to the structural BTC supply overhang already building from whale and miner deposits.
BTC faces compounding sell pressure: whale capitulation, miner deposits, and now a second treasury firm unwinding. Watch whether unrestricted reserves hit zero โ that's the forced-liquidation trigger.
https://cryptoslate.com/never-sell-treasury-model-cracks-again-as-1635-btc-is-offloaded-shrinking-empery-reserves-by-76-in-weeks/
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