Bit Digital CEO warns secured debt could ‘destroy’ treasury firms in a bear market, urges DATs to rethink leverage
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最新报道：Bit Digital CEO Sam Tabar advocates for digital asset treasury firms to use unsecured debt financing over secured debt to mitigate risks in a potential bear market, warning that secured debt could "destroy a lot of ETH treasury companies" if asset values decline. The company recently upsized its unsecured convertible notes offering to $135 million with a 4% annual interest rate. Bit Digital holds approximately 121,252 ETH valued at around $521.5 million, acquired at an average cost of $2,400 since 2023, and maintains a 71% stake in AI firm WhiteFiber following its $159.4 million IPO.
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