Morning Edition · Saturday, August 15, 2026Published at 1:40 AM EDT · New York
CIMG disclosed a $7.38 million working-capital deficit on August 13, while Strategy told MSCI (Morgan Stanley Capital International) that index providers should measure markets rather than decide which assets companies may own.

CIMG, a listed company that holds bitcoin as its primary treasury asset, disclosed in an August 13 quarterly filing that it held 1,145.4 BTC worth $67.19 million at June 30 alongside $5,397 in cash. Current assets of $1.87 million stood aga…
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Leveraged Bitcoin Treasury Vehicles Show Financing Strain
Over ~3-9 months, Bitcoin treasury companies face mounting financing stress as their funding instruments trade below par on dividend-coverage doubts, testing the sustainability of the debt/preferred-funded accumulation model.
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