Are There Cracks Appearing in Bitcoin Treasury Companies?

For a while, Bitcoin treasury companies seemed unstoppable. Shares sprinted higher on every BTC gain, and the promise of holding stacks of Bitcoin lit up balance sheets from New York to Tokyo. But the honeymoon is officially over for some Bitcoin treasury companies source: https://www.thecoinrepublic.com/2025/09/14/are-there-cracks-appearing-in-bitcoin-treasury-companies/