2026-01-12 21:33:48

Data shows that recently about 37% of publicly traded companies holding Bitcoin are facing operational difficulties, including some well-known institutions. Taking famous Bitcoin strategic holders as an example, their stock prices are significantly discounted compared to the value of their Bitcoin reserves, with declines of 15% to 20%. What does this phenomenon reflect? On one hand, it indicates that the market is not optimistic about these companies' other businesses; on the other hand, it also exposes a mismatch between Bitcoin asset allocation and stock market valuation. For investors, this is both a risk signal and a window to observe the true financial health of enterprises.

BTC-0,46%

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fren_with_benefits

· 13h ago

A 15-20% discount? That's outrageous. To put it simply, it's still due to poor performance in the main business.

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OnchainDetective

· 21h ago

Such a large discount? It shows that the market fundamentally doesn't trust their business. Bitcoin is on the books but the stock price is still falling, now that's really embarrassing. Wait, isn't this saying that holding coins without bottoming out actually results in losses? LOL 37% of companies are struggling, this number is a bit scary... Do institutions really understand asset allocation? By the way, companies that buy Bitcoin are actually not doing well in their operations, I find it a bit ironic. 20% discount... These people might have bought at the peak. The market doesn't lie, the company's fundamentals are terrible, the B-end just won't take the bait.

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SnapshotStriker

· 01-14 20:46

Discount of 15-20%? That shows the market simply isn't buying it. Hoarding Bitcoin alone can't save bad businesses.

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ArbitrageBot

· 01-13 20:04

A 20% discount? That's ridiculous. It's better to hold cash than to hold the coin.

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GraphGuru

· 01-12 22:03

Laughing out loud, the coin-holding company is still losing money. What does that say? Can simply buying Bitcoin save the company? That's so naive.

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RugpullSurvivor

· 01-12 22:02

The discount is so severe, indicating that these companies are fundamentally still poor.

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Liquidated_Larry

· 01-12 21:56

Discount of 15-20%? That's outrageous. It feels like they're saying these companies are not as capable as they seem.

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MEVHunter

· 01-12 21:39

that 15-20% discount is basically a free arbitrage signal if you know how to read the mempool right... classic case of toxic flow finding weak hands. most retail doesn't even realize they're getting sandwiched by these corporate hodlers unwinding positions. the real alpha? watching which ones dump first before the cascade happens.

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WalletDetective

· 01-12 21:37

A discount of 15-20%, what does that indicate? Holding Bitcoin can't save a bad business either.

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