#EquityDilution

Bitcoin’s $80K Rally Fails to Revive Treasury Premiums

24d ago

Bitcoin’s $80K Rally Fails to Revive Treasury Premiums

Strategy, Twenty One Capital and Metaplanet still trade below the gross value of their Bitcoin holdings, exposing a financing model that depends on equity premiums and cheap capital.

CryptoSlate

Soluna Seeks 1B-Share Vote as Just 3% of 6.3 GW Is Live

🩸BEARISH

26d ago

Soluna Seeks 1B-Share Vote as Just 3% of 6.3 GW Is Live

Only 192 MW of Soluna's 6.3 GW pipeline is energized today, so the vote is really asking holders to bankroll a buildout that exists mostly on paper.

CryptoSlate

BTC Holder Dilutes Investors by 98% Without Selling Coins

🩸BEARISH

45d ago

BTC Holder Dilutes Investors by 98% Without Selling Coins

Investors are moving beyond coin counts to shareholder math as Strategy's BTC Yield slides, Metaplanet trades below its holdings, and European entrants seek funding on terms nobody has priced yet.

CryptoSlate