Crypto treasuries aren’t demand: they’re supply on pause. Bitmine lost USD 6.3B, and Strategy risks USD 2.8B in selling if MSCI removes it. It’s not conviction; it’s leverage. $ETH $BTC

Support or a ticking time bomb?

#BitmineReports$6.3BFiscal2026Loss #StrategyFaces$2.8BSelloffRiskFromMSCIRemoval