Bruce⚡️

Remember: bitcoin, not crypto. Bitcoin has risk free 50% average annual return, why risk your money in other risky investments?

Based on market data as of December 19, 2025 📉 Bitcoin treasury companies: big divide in performance. Major players like MicroStrategy corrected ~60%, but smaller "copycats" collapsed 90%+ as premiums evaporated. 1. "Catastrophic" Tier (90%+ Drops) These pivoted hard in 2024-2025 but got wrecked. • KindlyMD (Nakamoto Holdings) $NAKA -98% (last 6 months) From ~$15 peak mid-2025 to ~$0.37. Merger hype faded hard. • Hyperscale Data $GPUS -96% (last 12 months) Data center/mining pivot, ~$75M BTC held but trading near lows. • The Smarter Web Company $SWC -94% (since May 2025 high) UK firm exploded 20,000% on announcement, peaked 630p → ~36p as liquidity vanished. • LQWD Technologies $LQWD -91% (since June 2025 high) Lightning Network hype: $8 peak → $0.68. 2. "Implosion" Tier (75-89% Drops) Still alive but massive discounts, many underwater vs BTC held. • H100 Group $H100 -89% (since mid-2025 high) Swedish pivot: 16.45 SEK → 1.82 SEK. • Solidion Technology $STI -88% (since 2025 high) $55 peak → $6.61. • Capital B $ALCPB -85% (last 6 months) French pivot: ~€5.96 → €0.99, premium to NAV gone. • Semler Scientific $SMLR -74% (YOY) Aggressive buys but no sustained pop. 3. "Major" Tier (for context) Leader held up better. • MicroStrategy $MSTR -63% (since July 2025 ATH) ~ $456 → ~$164. Painful but typical BTC drawdown correction vs small-cap wipes. Summary: Confirms front-running risks. 90%+ droppers (NAKA, SWC, LQWD) = insiders/early exits into hype. Premiums vanished, retail left holding bags. Smaller imitators got crushed while big fish survived (so far). #Bitcoin #BTCtreasury Disclaimer: This post is for informational purposes only and is not financial advice, investment advice, or a recommendation to buy/sell any securities. All data is based on publicly available market information as of December 19, 2025, and stock prices can be volatile. Past performance is no guarantee of future results. Always conduct your own research and consult qualified professionals before making investment decisions. I am not responsible for any trading losses. #DYOR #NFA

JACK MALLERS: "#Bitcoin is a technology that's way bigger than just me or just this company, it's gonna last way longer than any of our lives." "I'm looking to rebuild society and recapitalize society on sound money that nobody can control and manipulate."