Скачать или смотреть Michael Saylor Strategy COLLAPSING: ETHZilla Dumps $74M in Ethereum

The Michael Saylor copycat strategy is officially falling apart for small cap companies, and ETHZilla just became the latest casualty.

In a stunning reversal, this former biotech company that pivoted to crypto has just dumped a massive 24,000 ETH - worth approximately $74 million - just to pay off their mounting debt obligations. They're completely abandoning the digital asset treasury playbook and pivoting once again, this time to traditional real-world assets like loans.

The market's reaction was swift and brutal. Their stock immediately tanked nearly 9% as investors lost confidence in yet another failed corporate crypto treasury experiment.

This raises a critical question that should concern every crypto investor: If more corporate treasuries are forced to liquidate their holdings to stay solvent, who exactly is going to absorb all that selling pressure?

We're potentially watching the digital asset treasury bubble pop in real-time. What started as an innovative strategy pioneered by MicroStrategy has turned into a dangerous game of musical chairs for smaller companies without the same financial backing or staying power.

ETHZilla's capitulation could be just the beginning. How many other companies are overleveraged and one bad quarter away from being forced sellers? And what does this mean for Ethereum and the broader crypto market as we head into 2025?

The corporate treasury meta might be over for everyone except the biggest players. This is a developing story that could have major implications for crypto prices in the coming months.