⚡ LATEST: Pantera Capital warns of brutal pruning in corporate crypto treasuries in 2026. says the next phase will see consolidation around giants like Strategy and BitMine, while smaller treasury holders are forced to sell, merge, or get acquired.

KEY TAKEAWAYS:

• Corporate crypto treasuries will not all survive $BNB

• Scale, access to capital, and risk tolerance will decide winners

• Smaller players face liquidations or M&A pressure $PEPE

WHY IT MATTERS:

• Could create episodic sell pressure during downturns $PAXG

• Concentrates long-term supply in stronger balance sheets

• Reinforces Bitcoin & ETH as strategic treasury assets, not experiments

BOTTOM LINE:

The Treasury Trade Is Maturing.

In 2026, Only The Strong Hold Crypto — The Rest Get Pruned.

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