- “Hotel California”
- MSTR’s sudden recovery
Andrew Webley, CEO of newly London-listed The Smarter Web Company, dismissed the “Hotel California” liquidity crisis facing other digital asset treasuries
Despite the company’s Bitcoin treasury sitting nearly $100 million underwater, Webley rejected the idea of capitulation.
The founder of The Smarter Web Company Plc (SWC) has told Bloomberg that he would rather sell his own arm before selling Bitcoin
HOT Stories
U.Today Crypto Digest: Ripple Prime CEO Hints at Potential Upside for XRP, Legendary Trader Brandt Warns of Bitcoin ‘Campaign Selling,’ Vitalik Buterin Triggers Ethereum Sell-Off
Breaking: Bitcoin Reclaims $70K, Eyes Best Day in Years
“Hotel California”
According to a recent report by Tokenize Capital, many DATs are now “zombie companies,” forcing them to sell assets just to keep the lights on.
If these firms turn into forced sellers, this could shatter conviction in Bitcoin
That said, Webley claims this “healthy operating business” provides the cash flow needed to service costs without touching the Bitcoin stack
The company, which has acquired roughly £220 million, is the leading corporate Bitcoin holder in the UK.
MSTR’s sudden recovery
As reported by U.Today, Bitcoin recently reclaimed the $70,000 level, and it is now on track to record its best daily gain in years
The shares of Strategy (MSTR), the leading corporate Bitcoin holder, are currently up by more than 23%
This could finally be the start of the much-awaited recovery for the embattled digital asset companies.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Price Analysis: What’s Next for BTC After Tanking to $66K?
BTC has entered a phase of consolidation after a sharp decline from January highs near $100k. The price action shows that BTC has been respecting a broad ascending channel. The primary current support area is around $60k, and resistance is near the $75k mark. Short-term momentum is also weak, and th
CryptoPotato37m ago
BTC Price Plunges to 3-Week Low as Analysts Map Out Next Downside Targets
The first breakdown to under $68,000 seemed as just the beginning for bitcoin’s Friday correction, which just worsened with another dip to a fresh 3-week low.
Most altcoins have followed suit, which has harmed over-leveraged traders, with more than 120,000 such participants being wrecked in the
CryptoPotato48m ago
Is Bitcoin Going to Crash Again? Why Bitcoin Everlight Is Being Framed as a Second Chance at Early Bitcoin
During what many described as a bull market in 2025, Bitcoin’s price traded at historically elevated levels. That’s mostly because leverage expanded, and the participation from institutions increased. Price predictions also picked up the pace during that time, with some analysts discussing targets w
CryptoPotato51m ago
