Why Crypto Treasury Stocks Could Crash 50% in Coming Months
TLDR
- PIPE-funded crypto treasury companies face potential 50% stock price crashes as lock-up periods expire and investors sell shares
- Companies like Kindly MD (NAKA) have already crashed 97% to near their PIPE offering prices after unlocks
- Seven small-cap firms are turning to debt-funded share buybacks to support falling valuations despite holding crypto assets
- One in four public Bitcoin treasuries now trade below their net asset value, down from higher multiples in April
- Experts compare the crypto treasury trend to the 2000s dotcom bubble, warning most companies may fail and trigger the next bear market
Crypto treasury companies that raised money through private investment in public equity (PIPE) deals are facing steep…
