Exchanges· ★★★· neutral·

Supercycle Finance Launches Bitcoin Treasury With Plans to Sell BTC at Cycle Tops

  • —Supercycle Finance plans to buy BTC on dips and sell at cycle tops
  • —The firm filed a Reg A offering to raise up to $75 million, mostly for bitcoin purchases
  • —Supercycle acquired Presearch, which shut down in July, including its Hypavolt platform
  • —CEO Michael Terpin calls the strategy 'four seasons' and aims to be the 'Bending Spoons of crypto'
Why it matters: A new treasury model with active BTC trading could challenge Strategy's accumulation approach, potentially affecting bitcoin supply dynamics.
#BTC
Source: Bitcoin.com
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