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🚨 The Next Bitcoin Treasury Strategy Might Not Be Open-Market Buying A new trend could be emerging: using mergers and acquisitions to grow Bitcoin reserves instead of purchasing BTC directly. H100 recently added 2,455 BTC without spending cash, but the transaction came with a trade-off—issuing 790.5 million new shares, resulting in roughly 70% shareholder dilution. That raises an important question: 🤔 Is this an innovative treasury strategy... or is dilution doing most of the heavy lifting behind the headline? As more companies explore Bitcoin treasury models, investors may need to look beyond the BTC numbers and pay closer attention to how those holdings are actually being financed. $BTC #AIInfraEarningsWatch #CPIToResetFedBets #AIInfraFundingDiverges