Fund manager warns Bitcoin could drop as $150B Treasury operation nears
A fund manager warns Bitcoin could face a significant drop as 228 companies hold $148B in crypto treasuries, with 15% trading below their Bitcoin's value.
➤ A growing number of companies holding Bitcoin treasuries are trading below the market value of their crypto assets, potentially forcing liquidations. ➤ The combined $148B in corporate Bitcoin treasuries and $150B in Bitcoin ETFs represents a significant concentration of capital, creating a feedback loop for price corrections. ➤ Investors should monitor companies trading below 1.0 mNAV, capital raise activity, and ETF redemption data for potential market shifts.











