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The era of Treasury "money glitch" (cheap debt/equity arbitrage) is OVER.
Investors have made it clear: to justify a premium in 2026, they demand treasuries that offer utility and yield, not merely passive exposure.
"The bull case is just a hope, while the bear case is an accounting certainty."
Maestro CEO @MarvinDefi doesn't sugarcoat the math. In the latest feature from
@Cointelegraph, he breaks down the structural risks facing Strategy’s Bitcoin model as we head into 2026.
While










