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HassanAmeer

06/17 07:30

Big bet, but is ADA ready for the impact? Cardano

Big bet, but is ADA ready for the impact?
  • Cardano plans to convert part of its $1.2 billion treasury into Bitcoin and use the yield to buy back ADA
  • Can the market absorb the initial sell-side shock?

Choppy price action, thinning liquidity, and a slow fade in conviction. Despite Charles Hoskinson’s ongoing optimism, that’s pretty much where Cardano [ADA] stands right now.

However, behind the scenes, things are starting to shift. In a recent interview, Charles Hoskinson confirmed Cardano’s new treasury strategy.

According to AMBCrypto, it’s a smart move on paper, one that could support ADA’s long-term price. Still, it’s not without risk, putting ADA’s already sluggish run to the ultimate test.1750144184385.png


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