– Adam Back restructured 70,000 BTC via Galaxy Digital and Cantor, balancing liquidity needs with long-term Bitcoin exposure through strategic reallocations.
– The “fiat-first” approach prioritizes stable currency for expenses, reducing market volatility risks while maintaining core crypto holdings.
– Institutional-grade tools like OTC trading and equity swaps enable large-scale management without distorting markets, reflecting maturing Bitcoin portfolio strategies.
– Back’s method demonstrates risk-aware, sustainable practices that could influence institutional adoption and standard-setting in crypto asset management.
