🚨 BREAKING: Crypto firm CEO says they’re “safe unless #Bitcoin crashes to $8K and stays there for 5–6 years.”
The company recently reported a $17.4B quarterly loss mostly unrealized #BTC losses.
At $8K Bitcoin, their $BTC reserves would only cover net debt, leaving convertibles unpaid.
Are we underestimating institutional exposure?
#CryptoRisk #BREV #ZIL #CryptoNewss
BTC
65,487.94
-2.13%
ZIL
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BREV
0.1517
+5.12%