💥 𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐑𝐈𝐒𝐊 𝐀𝐋𝐄𝐑𝐓 ⚠️
🔶 𝐌𝐢𝐧𝐢𝐧𝐠 𝐂𝐞𝐧𝐭𝐫𝐚𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧 ⛏️
🔸 Foundry USA +
#AntPool now control 50%+ of BTC hashrate.
🔸 Raises centralization risks, though not an automatic 51% attack.
🔸 Last single-pool 51% risk was GHash.io in 2014 before a major crash.
🔶 𝐖𝐡𝐚𝐥𝐞 & 𝐄𝐓𝐅 𝐒𝐞𝐥𝐥-𝐎𝐟𝐟𝐬 🐋
🔸 ETFs recorded $1.17B net outflows (Aug 18–22).
🔸 IBIT alone saw –$615M, its 2nd-largest outflow ever.
🔸 Shows clear sell pressure, but not yet “unprecedented.”
🔶 𝐌𝐢𝐜𝐡𝐚𝐞𝐥 𝐒𝐚𝐲𝐥𝐨𝐫 / 𝐌𝐢𝐜𝐫𝐨𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲 📉
🔸 Settled a civil tax case ($40M) — not a conviction.
🔸 Recently reversed pledge not to issue shares below 2.5× mNAV.
🔸 Policy shift signals potential future dilution, spooking investors.
🔶 𝐔.𝐒. 𝐆𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐒𝐭𝐚𝐧𝐜𝐞 🇺🇸
🔸 Treasury Sec. Bessent confirmed: no immediate
#BTC buys.
🔸 Reserves to come from seized coins only.
🔸 “Budget-neutral” options under review — but no direct fuel for bulls.
🔥 Bottom Line:
$BTC faces real risks: mining centralization,
#ETF outflows, and dilution fears. But some viral claims are exaggerated. Traders should focus on verifiable on-chain + policy signals, not hype.