Crypto‑treasury stocks lose steam as Bitcoin bets backfire – What now?

Crypto‑treasury stocks, which rallied when companies stuffed their balance sheets with Bitcoin and ether, are sinking after recent price drops. For much of the year, investors were selling shares or borrowing funds to buy crypto, betting that corporate treasuries loaded with tokens would outperform holding the coins directly. Now that Bitcoin and Ether have fallen, […] source: https://www.cryptopolitan.com/crypto%e2%80%91treasury-stocks-lose-steam/