Public Company Unloads Final 764 Bitcoin, Emptying Treasury
A publicly traded company completely unwound its Bitcoin position on September 11 after selling its remaining 764 BTC.
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Key takeaways
- A public firm sold its remaining 764 BTC on September 11.
- The corporate balance sheet now holds zero Bitcoin.
- The sale completes a phased retreat from its crypto treasury strategy.
Yet another publicly traded firm has backed away from the corporate crypto playbook. On September 11, the company liquidated its final 764 Bitcoin, knocking its crypto balance down to zero.
That transaction puts a final point on a pullback started earlier. The books are officially clear—no digital asset reserves left.
Why it matters
Corporate balance sheets aren't ideological. They don't hold through thick and thin. When board priorities pivot or financial strategies change, digital assets are often the first holdings sent to the chopping block. It's a cold reality check for traders. Corporate adoption is a two-way street—and when non-crypto firms decide to trim risk, they pivot straight back to fiat cash.
Source: CryptoSlate
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Daniel Okoro
Daniel tracks crypto regulation and policy across the US, EU and Asia, with a decade in financial journalism.
