Corporate bitcoin portfolios harbour a large-scale debt crisis…

🟠 According to CoinTab research, 73% of companies that own bitcoins have debts, and 39% owe more than their bitcoin costs at current prices.

➡️ Approximately every tenth company used borrowing for direct accumulation of bitcoins, which after the fall in the price of BTC further increased corporate debt.

Many buyers who bought shares of bitcoin treasury companies considered this as a secure bitcoin purchase. However, in many cases, the balance sheets behind such shares are far from this.

✅ Conclusion: if you want to invest in bitcoin shares, research not only the number of bitcoins of the company, but also its financial situation.

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