An already under pressure bond market took a further hit following a weak auction of long-term U.S. Treasury debt.
The goal is to gain exposure to bitcoin at a discount, with the aim of beating BTC's price performance in the long run.
Rising deficits, reduced foreign demand, and investor unease over trade policy drive bond market turbulence and broader risk aversion.
Coinsilium raised £1.25 million to help establish the BTC treasury, amid record trading volume.
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