🚨 Latest News: Matthew Sigel from Van Eck warns that Bitcoin treasury companies face the risk of "capital erosion" if they continue to issue equities while trading near net asset value.
He recommends taking precautionary measures, including pausing ATM programs at levels below 0.95 times net asset value, buybacks, and strategic reviews to prevent shareholder dilution.
🚨 LATEST: Van Eck's Matthew Sigel warns that Bitcoin treasury companies risk "capital erosion" if they continue equity issuance while trading near NAV.
He recommends safeguards including pausing ATM programs below 0.95x NAV, buybacks, and strategic reviews to prevent shareholder dilution.