VanEck executive Matthew Sigel has urged Bitcoin treasury companies to adopt stronger capital management practices as stock prices approach parity with their Bitcoin holdings.
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Matthew Sigel, head of digital assets research at VanEck, told Decrypt that ‘Semler is now in a position where many Bitcoin treasury companies may find themselves in the coming quarters: trading close to NAV and facing pressure to demonstrate capital discipline.’
Sigel warned Bitcoin buying firms to ‘adopt safeguards now, while premiums still exist.’
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