Corporate Finance
When the Buy‑BTC‑for‑Treasury Trade Is Tested: Risks for Corporates and Sovereigns
As BTC drifts lower, the once‑comfortable strategy of holding Bitcoin on corporate or sovereign balance sheets is under stress. This article breaks down market‑impact channels, recent sovereign transfers such as Bhutan’s, and a practical CFO playbook for accounting, hedging and staged unwinds.
Published at 2026-02-05 14:49:51
Bank-Backed Crypto Financing: Sberbank’s Landmark Loan and What It Means for Miners
Sberbank’s reported crypto-backed corporate loan to Intelion Data marks a turning point for mining finance, where mined BTC collateral is used to secure balance-sheet lending. This piece explains deal mechanics, how banks value mined BTC, and the regulatory and custody issues corporate borrowers and lenders must navigate.
Published at 2026-01-01 17:16:21