How this $100M Bitcoin-backed loan could rewrite the corporate treasury playbook

The corporate Bitcoin (BTC) treasury trade that validated itself through the second quarter hit a wall in the fall. Public companies added 159,107 BTC in the second quarter, pushing total corporate holdings to roughly 847,000 BTC, approximately 4% of the capped supply, and proving that “Bitcoin on balance sheet” worked as a capital-markets play. Then The post How this $100M Bitcoin-backed loan could rewrite the corporate treasury playbook appeared first on CryptoSlate.