Samson Mow Warns Bitcoin Treasury Companies May ‘Fold’ in a Drawdown

CN
7 hours ago

In a recent social media post, Mow stated that these companies are likely to “fold” during significant market downturns, highlighting the fragility of their operations. He emphasized that while many currently exhibit strong conviction in Bitcoin due to its popularity, true resilience will be tested when interest wanes. Mow’s comments reflect broader apprehensions about the long-term viability of various businesses entering the cryptocurrency space that may not be adequately prepared for market fluctuations.

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