VanEck Exec Sounds Alarm on Public Firms Using Bitcoin as a Treasury Strategy
Matthew Sigel, Head of Digital Assets Research at VanEck, has issued a cautionary note to public companies actively acquiring Bitcoin. His message: rethink the strategy before shareholder value suffers.
Using Semler Scientific as a case study—whose stock has dropped over 45% this year despite holding over $400M in BTC—Sigel warns that continued equity issuance at or below net asset value (NAV) may dilute rather than enhance shareholder value.
He advises firms to implement safeguards, pause at-the-market offerings if NAV dips below 0.95x for more than 10 days, and consider buybacks or even sunsetting their Bitcoin strategy if discounts persist.
Notably, Sigel also called for executive compensation to be tied to NAV per share growth—not the sheer size of the Bitcoin stack.
With BTC nearing new highs, this is a critical moment for Bitcoin-holding companies to act with strategic discipline.
#Bitcoin #CryptoStrategy #VanEck #DigitalAssets $BTC
Read the full story: www.ecoinimist.com/2025/06/16/vaneck-btc-companies-rethink-strategy
Bybit announces the launch of Byreal
Bybit is set to launch #Byreal , its first on-chain #DEX built on #Solana , on testnet on June 30th. Byreal merges centralized exchange functionality with decentralized infrastructure, delivering low-slippage trading, MEV protection, and curated yield vaults such as bbSOL. Mainnet launch is anticipated in Q3 2025.
👉 x.com/byreal_io/status/1934085435212308789
🔶 Solv x Binance: The Institutional Breakthrough in BTCFi 🔶
💥 Binance teams up with Solv Protocol to reshape Bitcoin finance.
Solv Protocol is now the exclusive manager of BTC strategies on Binance Earn, introducing a powerful new BTC staking product with up to 2.5% APY — all within Binance's trusted ecosystem.
👁🗨 Key Features:
• Rewards paid in $SOLV
• No wallets, no bridges, no gas fees — everything handled directly on Binance
• Daily yield accruals with flexible redemption at maturity
• Available under: Advanced Earn > On-Chain Yields
🏛 Binance becomes the first CeFi platform to integrate Solv Protocol, enabling institutional-grade BTC management backed by:
• Chainlink Proof of Reserves for transparency
• Robust legal compliance and jurisdictional security
• A secure framework with separate storage and execution layers
🌍 Solv is bridging worlds — CeFi meets DeFi
With ambitions to channel 1% of global BTC supply into on-chain infrastructure and already Sharia-certified (via Amanie Advisors), Solv is paving the way for $5+ trillion in potential Middle Eastern capital to enter BTCFi.
📈 This isn’t just evolution — it’s a new era in Bitcoin finance.