Bitcoin
The Bitcoin Treasury Model Is Shifting. What Does It Mean for MSTR?
Unchained·August 6, 2026·1 min read
The Bitcoin treasury model is reportedly changing as many pure-play companies exit, according to VanEck research chief Matthew Sigel. Strategy's credit model is also under strain. The report lists DATs that have abandoned Bitcoin, suggesting a shift in corporate Bitcoin adoption strategy away from the pure treasury model pioneered by firms like Strategy.
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