Bitcoin Treasuries Enter a New Phase as Institutions Pivot from Debt to Direct Equity
Key Takeaways Bitcoin treasury strategies are undergoing a major transformation as companies shift from aggressive debt-driven purchases to structured equity funding. According to market observer Ben Werkman, the era that began with MicroStrategy’s leveraged Bitcoin acquisitions in 2020 is evolving into a more measured approach. Firms are now blending corporate financing with direct equity raises […]