Bitcoin mortgages debut with 60% haircut and no margin calls
After an initial 60% haircut on its market value, BTC-backed mortgages feature no further margin calls or collateral top-ups.
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After an initial 60% haircut on its market value, BTC-backed mortgages feature no further margin calls or collateral top-ups.
Read more (4 min) →Compensation to executives of crypto companies has remained high, no matter how poorly their stock prices perform.
The premium that investors are paying for BTC treasury companies continues to decline. In other words, mNAV compression is real.