Bitcoin Treasuries Are Ticking Time Bombs as Leverage Hits Record Rates, Warns Capriole’s Charles Edwards
June 11, 2026
Bitcoin treasury companies are piling on debt at record rates to fund their BTC buying, Capriole Investments founder Charles Edwards warned, reviving a year-old call that the model rests on unsustainable “fake yield.”
Key Takeaways
Charles Edwards says bitcoin treasuries are “levering up at record rates” on debt-fueled growth.
He likens the two hundred bitcoin treasuries in the market…