Bitcoin Treasury Bubble About To Burst, Say 10x Research

Story Highlights* Retail investors lost over $17 billion as Bitcoin treasury stock premiums collapsed sharply.

  • Investors paid 3–4× NAV for Bitcoin-holding shares, facing massive losses despite BTC staying high.
  • Metaplanet and MicroStrategy premiums fell drastically, erasing billions from shareholder value in weeks.
  • Shift to spot Bitcoin ETFs or direct holdings recommended to avoid overpaid treasury risks.
BTC2.68%
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