Nauseating levels of Saylor-imitating Bitcoin treasury companies at this point.
They may do well in the bull market… but there will be extreme wreckage during the subsequent bear market.
Regular folks should simply stack sats and chill while the chaos unfolds. 🍿
How do you see them failing? What will cause it?
Please Login to reply.
Lose the bitcoin? They aren’t leveraged for the most part I don’t think.
Also what do you think shorting treasury companies that are not MSTR and go long bitcoin ETF/ preferrably self custodied bitcoin, but most people won’t do that.
Many will take on too much leverage late in the cycle, which may come back to bite them.
