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Bitcoin Treasury Nakamoto Plunges 50% After CEO’s ’I Encourage You to Exit’ Letter Shakes Market
Bitcoin Treasury Nakamoto Plunges 50% After CEO’s ’I Encourage You to Exit’ Letter Shakes Market
20
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Nakamoto's CEO drops bombshell letter—tells shareholders to bail as Bitcoin treasury strategy implodes.
The Fallout
Shares crater 50% overnight after leadership essentially waves the white flag. The 'encouragement' to exit sparked a selloff that vaporized half the company's market value in hours.
Bitcoin Bet Backfires
Corporate crypto treasuries were supposed to be the smart money play—until one CEO's startling admission shattered that narrative. Turns out holding digital assets works great until you have to actually manage volatility.
Wall Street's Latest Casualty
Another finance darling learns the hard way: when your hedging strategy needs its own hedging strategy, maybe stick to traditional instruments. But where's the fun in that?
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