Bitcoin Treasuries Face Their First Major Meltdown

Nakamoto Holdings’ collapse has delivered the first big blow to the Bitcoin treasuries boom. Shares are down 96% from their peak after PIPE shares unlocked, exposing how hype-driven corporate Bitcoin strategies can unravel almost overnight.

For investors and analysts, it’s a stark reminder: not every company can replicate MicroStrategy’s playbook. The risks of speculative treasury models are becoming clear as over 170 firms now hold more than 1 million BTC on their balance sheets.

#Bitcoin #CryptoMarkets #CorporateTreasury #Investing

Read the full story: www.ecoinimist.com/2025/09/17/bitcoin-treasuries-boom-first-meltdown