Bitcoin Crash Exposes Colossal Corporate Losses — Here’s Who’s Most Impacted

The latest downturn in Bitcoin (BTC) has begun to weigh heavily on publicly listed companies that built their balance sheets around the market’s leading cryptocurrency. On Thursday, Bitcoin hovered near the $65,000 level, continuing the sharp decline that began last October. This has impacted equity markets, causing the shares of crypto-exposed firms to decline significantly. Bitcoin Slide Pressures Digital Asset Treasury Firms According to a Reuters report, the renewed volatility in digital assets is dragging down the stock prices of companies that hold Bitcoin and other tokens, raising concerns that the stress could spread more broadly across the sector source: https://www.newsbtc.com/bitcoin-news/bitcoin-crash-exposes-colossal-corporate-losses-heres-whos-most-impacted/