CoinOtag
2025-12-06 08:11:11

Bitcoin Treasury Firms May Face Darwinian Phase as Premiums Collapse, Galaxy Warns

Bitcoin treasury companies are entering a Darwinian phase as equity premiums collapse and leverage amplifies downside risks, according to Galaxy Research. This shift occurs as Bitcoin prices drop from highs near $126,000, turning once-profitable models into liabilities and forcing firms to navigate solvency challenges amid reduced liquidity. Equity premiums for DAT stocks have flipped to [...]

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