{
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  "path": "/bitcoin-treasury-firms-face-crisis-amid-price-slide-towards-70000/",
  "publishedAt": "2026-02-05T10:34:31.000Z",
  "site": "https://cryptoslate.com",
  "tags": [
    "Analysis",
    "Bear Market",
    "Featured",
    "Macro",
    "Market",
    "bitcoin",
    "Bitcoin’s slides to $70,000 triggering structural crisis that could make FTX collapse look like child’s play",
    "CryptoSlate"
  ],
  "textContent": "Bitcoin’s latest drawdown is forcing a critical stress test on the “treasury company” trade. Over the past months, the model appeared simple, requiring companies to sell stock or low-cost convertible notes, buy Bitcoin, and rely on rising prices and a persistent equity premium to cover the remainder. However, with Bitcoin sliding towards $70,000, which is […]\n\nThe post Bitcoin’s slides to $70,000 triggering structural crisis that could make FTX collapse look like child’s play appeared first on CryptoSlate.",
  "title": "Bitcoin’s slides to $70,000 triggering structural crisis that could make FTX collapse look like child’s play"
}