Companies that adopted Bitcoin treasury strategies have seen aggregate market cap losses of $50 billion to $77 billion since their mid-2025 peaks. At Empery Digital, a 9.8% shareholder is demanding the complete liquidation of the company’s 4,081 BTC treasury and executive resignations, with the stock down nearly 49%. Satsuma Technology, down 99% from its 2025 peak, faces pressure from investors including Pantera Capital to sell its remaining $50 million in BTC. Metaplanet cut executive stock acquisition rights by 41%, wiping out over $220 million in potential executive value. Several firms including GD Culture and FG Nexus have already begun selling their digital holdings to fund share buybacks, reversing their original strategy.
Source: Read the original article
