BBX: "Traditional asset managers indirectly buying up" and "the debt twilight of old mining giants"—Capital Group increases holdings in Strive, Poolin sells assets worth 52 million
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According to BBX, last weekend the global computing power and crypto infrastructure sector presented a stark contrast between boom and bust. There was no grand narrative of emotions, only cold financial statements revealing the flow of capital and the demise of old forces: —Asset management giants entering the field: Capital Group boosted Strive’s holdings to $33.62 million in real assets, establishing a pathway for traditional funds to access the market via treasury companies. —Strict financial discipline: Bitdeer (NASDAQ: $BTDR) precisely sold 274.8 BTC within a week, shattering external illusions of hoarding coins with its “zero holdings” approach. —Historical bad debt liquidation: Poolin fell under the weight of $173 million in debt, with its premium energy infrastructure in Texas forced to be bundled and transferred to new capital for $52 million. The market is presenting a clear dual trend: traditional asset managers are rapidly penetrating through compliant intermediaries; while legacy forces that lack cash flow risk resilience are being accelerated out of the cycle. Source: bbx.com
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