Frank Giustra, a prominent Canadian business mogul, mining financier, and philanthropist, has predicted that the treasury companies that borrowed money to buy Bitcoin will eventually face a financial squeeze. When they do, they will be forced to dump their massive holdings onto the market, causing a catastrophic price crash
“If the Bitcoin treasury companies get into trouble, there will be an unwinding, and Bitcoin will trade a lot lower,” Giustra wrote. “If I am wrong, it won’t change my life.”
The comments came during a heated exchange on X (formerly Twitter) late Thursday, sparked by a post from political commentator Bo Hines. The former White House advisor declared that “anyone bearish on Bitcoin heading into 2026 is foolish,” Giustra countered that caution is merely a defense against “gambling.”
The shares of Strategy, the leading Bitcoin treasury firm, got pummeled in 2025, plummeting by more than 50%. As reported by U.Today, Giustra previously slammed Strategy CEO Michael Saylor as a “Bitcoin charlatan.”
Bearish technicals loom over 2026
Giustra’s fundamental concerns align with emerging technical data, which could be interpreted as a rather bad omen for digital assets
Earlier today, Bloomberg Intelligence Senior Commodity Strategist Mike McGlone noted that Bitcoin is facing a “down year” based on its 50-week moving average.
This line represents the average price of the asset over the last year. He looks at how far above or below the current price is compared to this average.
Based on historical data, if Bitcoin trades at this specific discount, it is in danger of facing a much deeper drop. He forecasts a “lower trough near a 55% rebate.”
If McGlone is right and Bitcoin drops from $87,000 down to the “55% rebate” range (roughly $45,000 - $50,000), the treasury companies would see the value of their holdings plummet.
The Bloomberg analyst is also predicting a down year for silver. McGlone compares this to 1980, the famous Hunt Brothers silver bubble. When silver was this “stretched” in 1980, it crashed 52% that same year.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Metaplanet Secures $255M to Grow Corporate Bitcoin Holdings
Tokyo-based Metaplanet has secured $255 million from global investors to build a leading corporate Bitcoin treasury. With additional potential capital of $276 million through warrants, they currently hold 35,102 BTC. The firm is also investing in digital asset infrastructure, notably partnering with JPYC Inc. to enhance Bitcoin services in Japan.
TodayqNews4m ago
"Seeking a Sword by Marking a Boat" - Style Coin Price Predictions Go Viral: The Practical Logic and Flaws of Mystical Prophecies
Author: Frank, PANews
Whenever the market enters a confusing phase of going nowhere, people try to use a "cutting the boat to seek the sword" method of historical retrospection to predict the next market movement. In such cases, people often see from these theories and charts that history always repeats itself, and seem to automatically overlay and verify future price movements with a certain period in the past.
This coincidence seems to have a magical effect and is often verified. Some bloggers claim this prediction method has an accuracy rate of 75%~80%.
Does this "cutting the boat to seek the sword" style price prediction that repeatedly goes viral on social media help the market identify stages, or is it just packaging noise as prophecy?
From "Tick Fractals" to "History Rhyming"
The peak operation regarding predictions of October 2025 market tops is an analyst named CryptoBullet, who created a method called "ti
区块客14m ago
In the past 24 hours, the entire network liquidated $296 million, with short positions accounting for nearly 80% of the total.
Gate News report: On March 16, according to CoinAnk data, the network liquidated a total of $296 million in the past 24 hours, of which long positions liquidated approximately $63.5177 million and short positions liquidated approximately $233 million. By cryptocurrency: Bitcoin liquidated approximately $101 million, Ethereum liquidated approximately $98.6204 million, SOL liquidated approximately $16.2673 million, and on-chain crude oil synthetic asset XYZ:CL liquidated approximately $7.1913 million.
GateNews14m ago
BTC breaks through 74000 USDT, 24-hour gain of 3.19%
Gate News, on March 16, according to a certain CEX market data, BTC broke through 74000 USDT, currently trading at 74000.1 USDT, with a 24-hour gain of 3.19%.
GateNews18m ago
"Maji Big Brother" opened a long position of 22 BTC with 40x leverage at an entry price of $73,761.
Gate News reports that on March 16, according to Hyperinsight monitoring, "Major Maji" opened a long position of 22 Bitcoin with 40x leverage at an entry price of $73,761. The position is currently showing floating gains of $1,977, up 4.87%, with a total position value of $1,622,478.
GateNews23m ago
