The $215 Billion Crypto Trap Most Companies Are Falling Into

The era of easy money for corporate crypto treasuries is over. We've entered a "player-versus-player" environment where strategy is everything.

In this tactical debrief, we expose the fatal flaw in the majority of corporate Bitcoin strategies: the negative-carry trade. This is the structural vulnerability that could wipe out billions in the next credit cycle.

An operator's strategy must be resilient. This is the core of the BBA doctrine.