#HEMIBinanceTGE Bitcoin treasury companies are dipping below 1x NAV.
Panic sets in: “Defend it! Sell Bitcoin! Do buybacks!”
But here’s the truth: in a digital gold rush… you don’t sell the gold.
Let's unpack. 🧵👇$BTC

BTC
88,230.25
+0.16%

BNB
852.75
-0.87%

SOL
126.26
-0.55%