Crypto Treasury Firm Premiums Drop: NYDIG Raises Concerns Over Market Stability

NYDIG has issued a warning about the declining premiums of crypto treasury firms, highlighting a potential market instability risk. The report notes that while Bitcoin continues to hit new highs, major investors such as Metaplanet and Strategy are seeing their stock prices decline even further, despite growing investor confidence in the cryptocurrency space. Analysts attribute this trend to a combination of factors including investor anxiety regarding upcoming Bitcoin supply unlocks, changing corporate strategies, increased share issuance, profit-taking, and limited differentiation among treasury strategies.