The dilution trap where Bitcoin holdings rise while shareholder value stalls
Buying shares in a Bitcoin treasury company gives ownership in a business that holds Bitcoin, and management decides how to pay for the coins and when to buy or sell them
Market Pulse
Why Bitcoin’s $2B corporate treasuries are a ticking time bomb of hidden conditional supply
Power Compute and USBC show how collars, options and secured loans can turn passive holdings into contractual obligations
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