Bitcoin Treasuries Are Collapsing 📉
Companies like $MSTR betting big on $BTC are getting crushed. Their stock prices have plummeted over 60% from yearly highs as Bitcoin’s wild swings erase gains.
It’s a brutal reality check: holding Bitcoin on the balance sheet isn’t the guaranteed win it once seemed. Rising interest rates and constant share dilution are adding to the pain. These companies raised capital, but now their stock is tanking, often back to where it started.
If $BTC doesn’t rally soon, expect even more pressure as investors flee for safer havens. The market is now *undervaluing* these Bitcoin holdings – a complete reversal from the bull run. ⚠️
