Treasury Risk

When the Buy‑BTC‑for‑Treasury Trade Is Tested: Risks for Corporates and Sovereigns – cover image
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.