🚨 CMC News: "$BTC Treasury Companies Face Death Spiral Warning"
A new report warns that most #Bitcoin treasury companies could collapse in the next market downturn.
💥 Here’s the spiral: 1️⃣ $BTC price drops
2️⃣ Company share prices near NAV
3️⃣ No new capital, margin calls hit
4️⃣ Forced BTC sales → further price crash
5️⃣ Chain reaction begins...
Only a few will survive—those with: ✅ Strong leadership
✅ Clean balance sheets
✅ Clear BTC/share growth strategy
📉 Heavy debt = high risk
🔍 Lack of audits = hidden danger
Is your favorite BTC-holding firm prepared? 🧠