Several firms that embraced Bitcoin treasuries now face heavy losses as market volatility and strategic missteps expose flawed risk management, prompting investor scrutiny and calls for clearer governance.
Kanye West’s YZY token left roughly 51,000 traders down $74 million, while just 11 accounts realized net gains of about $1 million, highlighting extreme concentration of profits in the token’s collapse.
Being ‘rekt’ means suffering heavy crypto losses – often from leverage, sudden market swings, or emotional trades. This guide explains causes, real risks, and steps to protect capital in volatile markets.