BREAKING: Convano just announced the resignation of Director Taiyo Azuma, the guy who pushed their $BTC treasury strategy.

The reason? Taking responsibility for ~¥4.8B (~$32M) in $BTC impairment losses booked in FY2026.

Another corpo treasury strategy casualty. When the music stops, someone always pays the price.

This is what happens when you YOLO company balance sheets into volatile assets without proper risk management. Treasury plays sound great in bull markets, but bear markets expose who was actually hedging vs. just aping in.

Lesson: Corporate $BTC strategies need more than conviction—they need ironclad risk frameworks. Otherwise, it's just your career on the line when price dumps.