Bit Digital CEO Sam Tabar warned that secured debt could wipe out Ethereum treasury firms in a bear market. He urged digital asset treasuries to rely on unsecured debt instead for safer leverage.

nobody thought about this before? i mean thats the whole point of these firms, they are zombie companies who pump their stock through these "assets" jsut to offload, its a switcharoo..MSTR do the same, some more elegant than others...but nonetheless, they switching useless stocks into fiat money and getting filthy rich while other stuck with holding bags that will never ever go up again. Now someone will come "but btc is better than fiat" well then ser tell me this why do you messure it in fiat and why do ppl and you at some point wanna cash it out to fiat as you all claim "fiat is going to 0 bla bla bla"..tell me that, why do you denominate the one thing you say is to crush fiat but you value it in fiat.

Top comment by @Milkmaster7

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