ReYuu Japan and Universal Digital back out of $100M crypto treasury deal as trend goes cold

ReYuu Japan and Universal Digital have terminated a non-binding $100 million loan MOU meant to fund ReYuu’s digital-asset treasury plan, reflecting rising investor caution toward corporate crypto treasuries. The collapse highlights tighter capital conditions: ReYuu’s stock slid ~15% over five days to a 52-week low, and Universal Digital has plunged ~89%, trading near $0.04. The article places the deal in a wider context of corporates and miners liquidating BTC (over 32,000 BTC sold by listed miners in Q1 2026) while the largest corporate buyer, Strategy, continues heavy accumulation (24,869 BTC bought this week, ~843,738 BTC total). Market impact: reduced appetite and harder funding for listed companies pursuing crypto treasuries, downward pressure on those firms’ equity, but significant ongoing BTC accumulation by large buyers creates a mixed signal for Bitcoin prices.