VanEck Executive: The Strategy of Public Companies Holding Bitcoin as Treasury Assets Faces Risks

According to Foresight News and reported by Cryptonews, Matthew Sigel, Head of Digital Assets Research at VanEck, warned that the strategy of publicly listed companies using Bitcoin as a treasury asset is facing risks. When the stock price approaches the net asset value (NAV) of their Bitcoin holdings, continuing to raise funds by issuing new shares to purchase Bitcoin may lead to shareholder equity dilution.