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Publicly traded companies that loaded their balance sheets with Bitcoin through repeated equity raises are facing a coordinated wave of investor activism after aggregate market-cap losses among treasury-focused firms reached an estimated $50 billion since their mid-2025 peaks, according to…

Investors in public companies that loaded their balance sheets with Bitcoin and other digital assets are mounting a campaign of shareholder activism after losses totaling roughly $50 billion, pressing for executive pay cuts, board overhauls, and in some cases outright…
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