
Nakamoto, a Bitcoin treasury company, sold 284 BTC at a loss, signaling possible capitulation across crypto treasury firms and a potential wave of forced selling. Analyst Nic Puckrin warns that ongoing geopolitical tensions and market weakness could push Bitcoin prices below $70,000, exacerbating pressure on digital asset treasuries (DATs). Meanwhile, Bitcoin miner MARA also sold over 15,000 BTC to manage debt, though it maintains its long-term treasury strategy. These moves highlight stress in the crypto treasury sector amid a prolonged bear market and declining digital asset values.