In recent months, we’ve seen crypto treasury companies of all kinds popping up out of nowhere, each snapping up crypto to add to their reserves. One of the biggest treasuries out there is Bitmine, an Ethereum treasury company. But what if I told you that despite its size, Bitmine could in fact be struggling more than people think? And, what if these struggles could send shockwaves across other digital asset treasuries companies? What if this has a knock on effect that impacts ETH, and the broader crypto market?A recent report examines exactly that, and the results are quite shocking. So today, we’ll break this report down for you in simple terms, and tell you what it could all mean - not only for the future of Bitmine, but for the entire crypto treasury landscape.