🚨 Standard Chartered warns about risks bitcoin treasury companies face.

—Over 100 firms now hold BTC to boost stock prices, but a drop below $90K could sink many of them.

—@MicroStrategy’s 2,900% stock surge inspired the trend, but volatility could trigger liquidations.

—Core Scientific’s 2022 collapse serves as a cautionary tale for BTC-heavy treasuries.

Is this the next domino to fall? 🤔