👀 "The majority will fail"

That's what crypto VC Breed predicts for companies becoming crypto treasuries.

"If the stock trades at or below net asset value (NAV) and lenders refuse to renew their financing, Strategy may be forced to liquidate its Bitcoin holdings to meet its obligations."

"Such a scenario could trigger a self-fulfilling negative spiral: falling prices would lead to further forced sales, further increasing downward pressure on the market."