Crypto World News reports that according to a tweet from BitcoinTreasuries: Blockstream CEO Adam Back stated during a CNBC live broadcast that companies holding Bitcoin as reserve assets support the Bitcoin price because they effectively reduce the circulating supply of Bitcoin in the market.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Crypto World News reports that according to a tweet from BitcoinTreasuries: Blockstream CEO Adam Back stated during a CNBC live broadcast that companies holding Bitcoin as reserve assets support the Bitcoin price because they effectively reduce the circulating supply of Bitcoin in the market.