Solana co-founder calls Cardano's proposed $100M treasury move to Bitcoin 'so dumb'

Solana Labs co-founder Anatoly Yakovenko has opposed Cardano’s leadership’s new proposal to convert part of its treasury into Bitcoin. In a June 16 post on X, Yakovenko suggested the idea was misguided, arguing that it reflects poor treasury management and sends the wrong message to the Cardano community. According to him: “Projects should keep 18-36 […]