NYDIG analysts warn of increasing market pressure on Bitcoin holding companies as premiums between stock prices and underlying asset values compress. This trend emerges despite Bitcoin reaching new all-time highs, signaling potential turbulence ahead. Digital asset treasury firms may need to adapt strategies to maintain investor confidence.
- Major Bitcoin holding companies are experiencing compressed premiums between stock prices and net asset values despite Bitcoin's price surge
- Multiple factors driving this trend include investor anxiety over supply unlocks, corporate strategy changes, and increased share issuance
- The compression suggests declining market confidence in premium valuations for Bitcoin treasury firms relative to their actual holdings
📎 Related coverage from: cointelegraph.com
