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Why bitcoin treasury companies are a fool’s paradise

In a crypto winter, the consequences could be painful for investors

©The Financial Times Limited 2020 Aug 25, 2025 / 01:54 PM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
Why bitcoin treasury companies are a fool’s paradise

Bitcoin is either a brilliant innovation to move the world away from corruptible fiat currencies or a vast confidence trick.

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