⚠️ Bitcoin Yield ≠ Business Model – Analysts Sound the Alarm 🧠📉

As more firms become BTC treasury plays, some now point to “Bitcoin yield” (BTC-per-share growth) to justify premiums above NAV.

But here’s the truth👇

📉 Without real business operations, BTC-per-share ≠ sustainable value

💸 Many raise funds via convertible debt, creating a leveraged long on BTC:

🔹 If BTC drops: Companies may be forced to sell holdings to repay in USD

🔹 If BTC pumps: Creditors convert debt at a discount and capture the upside — not shareholders

📢 Bottom line:

If your goal is pure BTC exposure, just buy Bitcoin — not the stock of a company leveraged on it.

#TrumpTariffs #DayTradingStrategy #OneBigBeautifulBill #BTCWhaleMovement #TrumpVsMusk