🔥 Adam Back: bitcoin treasuries are the new alt season!
While everyone is waiting for an altcoin pump, Blockstream CEO Adam Back offers a completely different perspective. He believes that the real trend is bitcoin treasuries and calls them the "new alt season for speculators."
💬 "It's time to convert altcoins into bitcoin or into bitcoin treasuries - shares of companies that accumulate BTC," he stated.
📈 Major companies - from coffee shops to medtech - are beginning to replicate MicroStrategy's strategy, buying bitcoin and turning it into an asset on their balance sheet.
🧠 What about ETFs on a bunch of cryptocurrencies? According to Back - it's not worth it. It's better to just buy BTC or invest in the stocks of those who do it for you.
💡 The trend is just gaining momentum. Maybe you're looking in the wrong direction?