Bitcoin treasury companies are millions in the red but the strategy doesn’t change even at $78k
Bitcoin treasuries are designed to look uncomfortable in drawdowns, because the trade they're running is simple: take a volatile asset, put it on a corporate balance sheet, and finance more of it through capital markets. When Bitcoin drops, the mark-to-market hit is the point, not the punchline. The real question is whether the company can […]
The post Bitcoin treasury companies are millions in the red but the strategy doesn’t change even at $78k appeared first on CryptoSlate.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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