Bitcoin Treasuries Are Ticking Time Bombs as Leverage Hits Record Rates, Warns Capriole’s Charles Edwards
1h ago•
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Bitcoin treasury companies are piling on debt at record rates to fund their BTC buying, Capriole Investments founder Charles Edwards warned, reviving a year-old call that the model rests on unsustainable “fake yield.” A Year-Old Warning Resurfaces Bitcoin treasury companies are taking on debt at record rates to fund their bitcoin purchases, Capriole Investments founder […]1h ago•
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