Anatoly Yakovenko, co-founder of Solana Labs, critiques Cardano’s leadership for their recent proposal to convert part of its treasury into Bitcoin. In a post on June 16, Yakovenko deemed the initiative misguided, highlighting concerns about treasury management transparency. He believes this strategy sends a negative message to the Cardano community, which may undermine confidence in its leadership. As the dialogue about treasury decisions evolves, it underscores the importance of strategic financial planning in the crypto sector.