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Bitcoin Price Analysis: Treasury Companies Break Even Near $80,000. What Happens if BTC Falls Below It?

Source: 247wallst.com

Crypto & Digital AssetsCompany Fundamentals
Bitcoin Price Analysis: Treasury Companies Break Even Near $80,000. What Happens if BTC Falls Below It?

Public companies holding Bitcoin on their balance sheets have an average cost basis of about $80,000 per coin, according to Glassnode. Bitcoin traded at $81,836, down 1.9% over the prior 24 hours; the article text is truncated after an incomplete additional figure.

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