DeFi Intel

Bitcoin treasury company discovers buying own stock adds 24% more BTC per share than buying Bitcoin

UK-listed bitcoin treasury firm B HODL bought back 823,400 shares across five tranches between July 9 and 16 at a weighted average 4.613 pence, roughly 37,985 pounds. Because its shares traded about 8% below the value of its 166.487 BTC, the buybacks added around 24% more bitcoin per share than spending the same cash on BTC directly.

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