Bitcoin (BTC) treasury companies that raised capital through PIPE (private investment in public equity) deals face mounting pressure as share prices gravitate toward their discounted issuance levels, creating potential losses of up to 55% for current investors. According to a Sept. 25 repnort by CryptoQuant, the pattern appears consistent across multiple companies that used PIPEs
The post PIPE dreams: Bitcoin treasury companies risk further 55% stock price declines appeared first on CryptoSlate. CryptoSlate Read More
About The Author
