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Investment banks come out on top in bitcoin treasury bubble
Yahoo Finance· 2025-11-18 13:45
Wall Street has found its favorite Bitcoin trade, and it isn’t buying Bitcoin. The BTC treasury boom is turning bust, with the most popular bitcoin treasury companies are down 50% over the last six months, but one group in particular has profited despite the drooping sentiment. A few months removed from the euphoria of the bitcoin treasury peak, it’s becoming clear that the banks were one of the few winners in the whole saga. Case in point: bankers have likely minted anywhere from $280-560 million from ...