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Columbia Professor: Digital Asset Treasuries Turned Into “Mass Exit Event”
Yahoo Finance·2025-11-05 23:23

Columbia Business School professor Omid Malekan declared that digital asset treasuries have transformed into a “mass extraction and exit event” driving crypto prices down, contradicting earlier bullish predictions that corporate Bitcoin adoption would fuel sustained market growth. His stark assessment comes as Bitcoin slipped below 100,000forthefirsttimesinceJuneandenteredbearmarketterritorywitha20100,000 for the first time since June and entered bear market territory with a 20% decline from its October record high, wiping over 1 trillion from total crypto market capit ...