📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Venture Capital Report: Only a Few Bitcoin Treasury Companies Can Avoid the "Death Spiral"
Golden Finance reports that, according to a report by venture capital firm Breed, only a handful of Bitcoin treasury companies can withstand the test of time and avoid falling into the "death spiral"—a vicious cycle that severely impacts those Bitcoin-holding companies whose trading prices are close to their net asset value (NAV, which is total assets minus liabilities). The report's author points out that the health of Bitcoin treasury companies depends on their ability to maintain a trading multiple (MNAV) above net asset value. Breed's report outlines seven stages of decline for Bitcoin treasury companies, the onset of which is typically marked by a drop in Bitcoin prices, leading to a decline in MNAV, which in turn causes the company's stock price to approach its actual net asset value (NAV).