Bitcoin treasury companies shed over $80 billion in value

00:00 Speaker A

strategy can sell 603 million of stock in a single week.

00:07 Speaker A

Uh but the next story is the fact that the companies that copied its Bitcoin strategy are discovering that they cannot do that. Here's the headline that hit and wow.

00:19 Speaker A

Bitcoin Treasury companies shed 80 billion dollars in value as business model unwinds.

00:27 Speaker A

What has two thumbs and told you copying strategy was going to be a terrible idea for all these companies.

00:32 Speaker A

This guy.

00:35 Speaker A

been saying it for a year and a half and sadly, my opinion on what was going to happen is coming true.

00:43 Speaker A

So the story here is that the combined market cap of the 50 largest Bitcoin treasury companies, didn't even know there were 50 of them, has fallen from approximately 150 billion

00:56 Speaker A

in July of 2025 when this was all the hype to $67 billion dollars, meaning that more than 80 billion, as you saw there has been erased from the trade.

01:08 Speaker A

43 of the 50 companies now trade below where they were when they announced their Bitcoin strategy. That seems bad.

01:19 Speaker A

I mean it's so bad and 35 have fallen by at least 50% out of 50.

01:29 Speaker A

So in July, if you weren't paying attention, the 50 largest treasury companies became net Bitcoin sellers, selling approximately 2,500 Bitcoin more than they purchased.