Analysis: Concerns about the debt risks of Bitcoin finance companies are exaggerated, and most debts will not mature until two years later

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PANews
06-09
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PANews reported on June 9th that Alex Thorn, Galaxy Research Director, stated: "Concerns about Bitcoin financial companies and their potential debt issues have been exaggerated. From an overall perspective, the debt scale of these companies is not large, and most of the debt will not mature within the next two years." According to Galaxy Research's data chart, debts of $650 million due in July 2024, $500 million due in September 2024, and $1.05 billion due in February 2025 have been successfully repaid by May 2025.

As of May 27th, most Bitcoin treasury companies' debts will mature between 2027 and 2030, including $1 billion in December 2027, $2 billion in March 2028, and $3.65 billion in June 2028 (the largest single amount). These data cover multiple companies including Strategy, Marathon, Riot, Semler Scientific, Marathon Holdings, and H100.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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