Companies adding underperforming altcoins to their balance sheets are muddying the broader treasury narrative, says Bitcoin treasury company Nakamoto CEO, David Bailey. โThe treasury company moniker itself is confusing,โ Bailey said in an X post on Sunday.ย โToxic financing, failed altcoins rebranded as DATs, too many failed companies with no plan or vision. Itโs totally muddled the narrative,โ Bailey said. David Bailey says the sector is โbeing testedโ Bailey emphasized that โthe core strategy is to build and monetize your balance sheet.โ โIf you can do it well, you will…
Underperforming Altcoins Are Confusing Treasury Narrative
