Bitcoin Treasury Meltdown: Did February's $10B Crash Break Corporate BTC Strategy?

Bitcoin Treasury Meltdown: Did February’s $10B Crash Break Corporate BTC Strategy? TL;DR February 2026’s crypto crash torched over $10 billion from corporate Bitcoin treasuries, triggering fresh debate about whether stacking BTC on company balance sheets is genius or reckless. The Reddit crypto community dissected the damage across 37 comments, questioning if MicroStrategy-style treasury plays still make sense when volatility can wipe billions overnight. While the “Bitcoin standard” narrative dominated 2024-2025, this crash exposes the brutal downside: unrealized losses, shareholder panic, and balance sheet carnage that traditional CFOs warned about all along. The core question isn’t whether Bitcoin is viable long-term—it’s whether corporations can stomach the ride without destroying stakeholder confidence. ...

February 13, 2026 · 11 min · 2162 words · Viko Editorial

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