Odaily Planet Daily News: After surging over the past year, the share prices of Strategy and its Japanese counterpart Metaplanet have recently fallen, demonstrating that even leaders are not immune to shifting market sentiment. As crypto treasury strategies shift from enthusiasm to skepticism, the Strategy model is struggling. For some companies, the appeal is obvious: packaging as a public company offers cryptocurrency exposure and potential leveraged returns while using the familiar stock format. In some cases, this model can still fetch high premiums. However, this trading method is becoming crowded: too many companies are rushing in, with little value other than the tokens they hold. As prices decline, the confidence supporting these premiums is beginning to waver. (Bloomberg)