EconomyWhy $2B in corporate Bitcoin treasuries may be a ticking time bomb of conditional supply
Corporate Bitcoin holdings can obscure rights created by options, collars and secured loans. Disclosures from CleanSpark, PowerCompute and USBC show that Bitcoin may be delivered, used to cover debt, have its upside capped or remain under lender control, while figures from different companies and structures cannot be combined into one exposure total.
Why $2B in corporate Bitcoin treasuries may be a ticking time bomb of conditional supply
Economy