Andy_88
‼️ Corporate Bitcoin portfolios are hiding a large-scale debt crisis
🟠 According to research by CoinTab, 73% of companies holding Bitcoin have debts, and 39% owe more than their Bitcoin is worth at current prices.
➡️ About one in ten companies used borrowing to directly accumulate Bitcoin, which, after the drop in BTC price, further increased corporate debt.
Many buyers who purchased shares of Bitcoin treasury companies viewed it as a protected way to buy Bitcoin. However, in many cases, the balances behind such shares are far from this.
✅ Conclusion: If you want to invest in Bitcoin stocks,
🟠 According to research by CoinTab, 73% of companies holding Bitcoin have debts, and 39% owe more than their Bitcoin is worth at current prices.
➡️ About one in ten companies used borrowing to directly accumulate Bitcoin, which, after the drop in BTC price, further increased corporate debt.
Many buyers who purchased shares of Bitcoin treasury companies viewed it as a protected way to buy Bitcoin. However, in many cases, the balances behind such shares are far from this.
✅ Conclusion: If you want to invest in Bitcoin stocks,
BTC2.59%
