South Korea’s Bitcoin Treasury Bet Hits a Wall

A wave of small South Korean companies rushed to copy the Strategy (formerly MicroStrategy) playbook in 2025 — buying Bitcoin with borrowed money and calling it a treasury strategy. The cracks are ...

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South Korea’s Bitcoin Treasury Bet Hits a Wall

Source: cryptonews.net

A wave of small South Korean companies rushed to copy the Strategy (formerly MicroStrategy) playbook in 2025 — buying Bitcoin with borrowed money and calling it a treasury strategy. The cracks are now showing.The case of Bitmax illustrates the gap between ...