Smarter Web CEO: Bitcoin Treasury Firms Can Be Riskier Than BTC Itself
- —Webley flagged two risks: amplified volatility and management missteps in capital allocation
- —Strategy bought 334 BTC for $28.7 million, raising holdings to 848,000 BTC
- —Strive acquired 2,000 BTC for $169 million at an average price of $84,422
- —BTC trades near $86,000, about 32% below its $126,000 all-time high
Why it matters: Shareholders in treasury companies face a double risk: bitcoin's volatility plus the quality of management execution.
Source: Cryptonews.net