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The Bitcoin "reserve boom" is waning, with some companies and governments beginning to sell their holdings.
Golden Finance reports that on April 2, multiple listed companies this week, including Empery Digital, Genius Group, and Riot Platforms, have already sold Bitcoin. The reasons include repaying debts, meeting liquidity needs, or a strategic shift toward artificial intelligence (AI) and high-performance computing (HPC).
Asset sell-offs at the sovereign level are also accelerating, as Bhutan is selling more of its Bitcoin holdings.