
Bitcoin.com News|Jun 06, 2025 01:33
🚨 Standard Chartered warns about risks bitcoin treasury companies face.
—Over 100 firms now hold BTC to boost stock prices, but a drop below 90K could sink many of them.
—@MicroStrategy’s 2,900% stock surge inspired the trend, but volatility could trigger liquidations.
—Core Scientific’s 2022 collapse serves as a cautionary tale for BTC-heavy treasuries.
Is this the next domino to fall? 🤔
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