MAROKO133 Eksklusif crypto: Retail Investors Lose $17B as Bitcoin Treasury Stocks Collapse

📌 MAROKO133 Eksklusif crypto: Retail Investors Lose $17B as Bitcoin Treasury Stock

Retail investors chasing Bitcoin exposure through public companies like Metaplanet and Michael Saylor’s Strategy have lost an estimated $17 billion, according to a new report by 10x Research.

The firm said the losses stem from share premiums that once priced these companies far above the value of their Bitcoin holdings, premiums that have now evaporated.

“The age of financial magic is ending for Bitcoin treasury companies,” analysts at 10x Research wrote in the report “After the Magic: How Bitcoin Treasury Firms Must Evolve Beyond NAV Illusions.”

Retail Investors Overpaid $20B for Bitcoin Exposure, 10x Research Says

Retail investors, they said, “overpaid for Bitcoin exposure by roughly $20 billion,” while companies quietly converted inflated share prices into real BTC on their balance sheets.

The research compared the strategy of these digital asset treasury (DAT) firms to “financial alchemy,” where stock sales at inflated valuations were repeatedly used to buy more Bitcoin.

From a $1 billion BTC base, Metaplanet’s market capitalization surged to $8 billion at its peak before crashing to $3.1 billion, even as it held $3.3 billion in Bitcoin.

“In the process, shareholders lost $4.9 billion in value, while the company managed to accumulate $2.3 billion worth of Bitcoin,” the report said.

Michael Saylor’s Strategy (MSTR) followed a similar pattern.

Its shares, which once traded at multiples of three to seven times the firm’s actual Bitcoin holdings, now sit at roughly 1.4 times NAV, erasing much of the speculative premium that defined the last cycle.

According to 10x, this NAV “normalization” could mark a turning point for the sector. Companies now trading near or below their Bitcoin value may represent “pure BTC exposure with upside from future trading profits.”

Analysts argue that the firms that adapt, shifting from hype-driven treasuries to arbitrage-style asset managers, could still generate 15–20% annual returns.

The report concludes that the “magic” may be over, but the shakeout will create a new generation of disciplined Bitcoin asset managers.

As the market matures, only firms with strong capital bases and experienced trading teams “will define the next bull market.”

Novogratz Says Treasury Crypto Boom Has Peaked, Focus Shifts to Survivors

Galaxy Digital CEO Michael Novogratz believes the wave of new crypto treasury companies has likely hit its peak, with attention now shifting to which existing firms can scale and dominate.

Speaking during Galaxy’s Q2 earnings call, he said, “We’ve probably gone through peak treasury company issuance,” signaling a more competitive phase ahead.

The boom in treasury-based crypto firms was fueled by favorable U.S. regulations, with companies like Strategy, GameStop, Trump Media, and SharpLink allocating reserves to Bitcoin, Ethereum, and other digital assets.

However, Novogratz warned that saturation could make it harder for newcomers to gain traction, especially as Ethereum-focused treasuries like BitMine and SharpLink continue to expand.

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🔗 Sumber: cryptonews.com

📌 MAROKO133 Breaking crypto: Bitcoin Price Prediction: Andrew Tate’s Deep Crash Fo

Bitcoin held near $107,000 over the weekend, showing resilience despite a wave of pessimism across the crypto market. The world’s largest digital asset has faced pressure from renewed geopolitical tensions, slowing ETF inflows, and a controversial “deep crash” forecast by Andrew Tate that rattled market sentiment.

Still, BTC continues to trade steadily near $107,000 area, resisting a broader correction that many feared would push prices far lower.

Tate’s remarks came at a time when traders were already uneasy after a sharp pullback from the October 7 peak of $126,198, followed by a swift drop to around $105,000 after former President Donald Trump proposed a 100% tariff on Chinese imports. The move triggered volatility across global markets and weighed on risk assets, including Bitcoin.

Andrew Tate’s Bearish Forecast

Andrew Tate, known for his outspoken views, claimed that Bitcoin could plunge to $26,000 before any major rally resumes. He argued that the market tends to crash when confidence runs high, often resetting before the next bullish phase.

His comments sparked renewed anxiety among retail traders already reacting to a mix of bearish catalysts, geopolitical uncertainty, profit-taking near all-time highs, and falling institutional interest.

Meanwhile, Spot Bitcoin ETFs recorded weekly outflows of $864.48 million, ending a two-week inflow streak and signaling waning institutional demand. The slowdown in ETF participation has dampened buying momentum and added pressure to short-term sentiment.

Market data reflects this shift: the Bitcoin Fear & Greed Index has fallen to 22, marking “extreme fear” territory. Historically, such levels have often preceded accumulation phases, hinting that BTC could be nearing a local bottom if sentiment stabilizes.

Key highlights:

• Bitcoin is down nearly 17% from its October highs.
• ETF outflows hit $864M, reversing previous inflows.
• Fear & Greed Index drops to 22 — a potential bottom signal.

Bitcoin Price Prediction: Triple Bottom Setup Eyes Breakout Toward $113K

Bitcoin is consolidating near $106,986, showing early signs of recovery after last week’s decline. The 2-hour chart suggests a potential triple bottom forming around $103,400–$104,000, a classic reversal pattern that could trigger a rally if price breaks above the $108,000 neckline.

The descending trendline from early October continues to cap gains, while narrowing gaps between the 50-EMA and 100-EMA hint at fading bearish momentum. The RSI near 38 suggests the market is exiting oversold territory, signaling potential for a short-term rebound if volume strengthens.

Holding above $103,400 is crucial to maintain structure. A breakout above $108,000 may lift BTC toward $109,300–$113,600, whereas a drop below $104,000 could retest $101,600–$100,100.

From a broader view, Bitcoin’s technical base suggests growing accumulation. A confirmed breakout could open the path toward $120,000, aligning with improving sentiment and renewed institutional inflows, hinting that this consolidation may mark the foundation for Bitcoin’s next primary recovery phase.

Bitcoin Hyper: The Next Evolution of BTC on Solana?

Bitcoin Hyper ($HYPER) is bringing a new phase to the Bitcoin ecosystem. While BTC remains the gold standard for security, Bitcoin Hyper adds what it always lacked: Solana-level speed.

Built as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), it merges Bitcoin’s stability with Solana’s high-performance framework. The result: lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation, all secured by Bitcoin.

Audited by Consult, the project emphasizes trust and scalability as adoption builds. And momentum is already strong. The presale has surpassed $23.9 million, with tokens priced at just $0.013125 before the next increase.

As Bitcoin activity climbs and demand for efficient BTC-based apps rises, Bitcoin Hyper stands out as the bridge uniting two of crypto’s biggest ecosystems.

If Bitcoin built the foundation, Bitcoin Hyper could make it fast, flexible, and fun again.

Click Here to Participate in the Presale

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🔗 Sumber: cryptonews.com