The treasury flywheel only works while the premium exists. Institutional $BTC vehicles have cut holdings from 1.33M to 1.20M BTC since May, while several treasury companies now trade around or below the value of their underlying Bitcoin. That changes the mechanics. Above NAV,

Rain @raintures ·
The treasury flywheel only works while the premium exists. Institutional $BTC vehicles have cut hol…

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  1. #1

    $BTC added $14,775 in seven days, closing at $77,593 after a 23.5% weekly gain. By percentage, it was Bitcoin’s strongest week since March 2023. Several forces hit at once: the Tr…

    Rain @raintures ·
    $BTC added $14,775 in seven days, closing at $77,593 after a 23.5% weekly gain.…
  2. #2

    $BTC biggest test is right where everyone is watching: $80K. Around 5% of BTC supply is concentrated at $80K, while roughly 8% sits between $80K–$82K. The largest supply wall at a…

    Rain @raintures ·
    $BTC biggest test is right where everyone is watching: $80K. Around 5% of BTC s… $BTC biggest test is right where everyone is watching: $80K. Around 5% of BTC s…
  3. #3

    Crypto market looks quiet today, but the underlying flows are still worth watching. $BTC has spent five days moving sideways above $78K, after last week’s breakout. Volume has coo…

    Rain @raintures ·
    Crypto market looks quiet today, but the underlying flows are still worth watch…
  4. #4

    Onchain data explains why $BTC can touch $80k but the hard part is staying there. All major holder cohorts are now sitting in aggregate profit, which creates a much larger pool of…

    Rain @raintures ·
    Onchain data explains why $BTC can touch $80k but the hard part is staying ther…
  5. #5

    Bitcoin ETF flows are finally starting to tell a different story in 2026. US spot $BTC ETFs just posted their 7th consecutive day of inflows, adding another $314M on Tuesday. Augu…

    Rain @raintures ·
    Bitcoin ETF flows are finally starting to tell a different story in 2026. US sp…
  6. #6

    Bitcoin got within one cent of $80K earlier today. The more interesting part was what happened everywhere else. $BTC gained 1.8% while total crypto market cap fell 0.7%, with 80 o…

    Rain @raintures ·
    Bitcoin got within one cent of $80K earlier today. The more interesting part wa…

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