Crypto Treasury Firms Stare Down Leverage Crisis as NAV Discounts Force Risky Moves
ETHZilla has offered $40 million in Ethereum to fund inventory buybacks amid a 30% NAV low cost, highlighting rising misery within the crypto treasury sector. Meanwhile, Japan’s Metaplanet trades under its Bitcoin reserves, spotlighting escalating dangers for the business. Analysts warn that crypto treasury corporations face three harmful choices more likely to gasoline a sector-wide…
