PANews July 5 news, Glassnode Chief Analyst James Check tweeted that the Bitcoin treasury strategy is much shorter than most expected, and for many newcomers, it may already be over. This is not 'a race to measure,' the key is the sustainability of a company's products and strategies in the long-term Bitcoin market. Check stated that due to investors favoring early adopters, newly established Bitcoin treasury companies are facing a tough battle. 'No one wants to be the 50th treasury company.'