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Crypto treasury companies are a potential “time bomb”
The romance between Bitcoin and corporate balance sheets is deepening. But, as with all romances, there are whispers of danger. A new poll from London-based Nickel Digital Asset Management suggests that while listed companies buying up Bitcoin might look like a bold bet on the future, the practice could just as easily turn into a structural fault line in the digital asset market. Nickel — Europe’s largest digital assets hedge fund, founded by former Goldman Sachs and JPMorgan hands — canvassed senior investment professionals across the UK, US, Switzerland and Singapore. Nearly one in three respondents (32 per ... (full story)
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