VanEck's Matthew Sigel just fired a shot:
📉 Bitcoin treasury firms issuing equity near NAV = “capital erosion” risk.
His fix?
✅ Pause ATM below 0.95x
✅ Start buybacks
✅ Strategic reviews
Protect the bag or lose the trust.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
104,791.49
-2.34%
