The current Bitcoin treasury strategy is much shorter than expected, and many new companies may have already ended the game.
Maintaining this strategy depends on the sustainability of the product and the company's long-term plan. Investors prioritize early players in the Bitcoin market.
MAIN CONTENT
The current Bitcoin treasury strategy has a much shorter cycle than initially predicted.
New players in this field are facing many challenges as investors prioritize early entrants.
The sustainability of the product and long-term planning are the decisive factors for success in the Bitcoin market.
What is the Bitcoin treasury strategy and why is it shorter than anticipated?
Expert James Check, Head of Analysis at Glassnode, notes that the Bitcoin treasury strategy cycle is much shorter than most expected. This change reflects the fast-paced and highly volatile nature of the cryptocurrency market, requiring companies to quickly adapt.
According to James Check, new companies entering the Bitcoin treasury space no longer have as many opportunities as before, as investors prioritize those who entered earlier and have proven sustainability.
"This strategy is not a race to measure scale but fundamentally revolves around product sustainability and long-term strategy in the Bitcoin market."
James Check, Head of Analysis at Glassnode, July 2023
Why do new Bitcoin treasury companies struggle to attract investors?
According to analysis from industry expert James Check, investors are increasingly choosing companies with long-standing experience in Bitcoin management over new entrants. This creates a significant barrier, as trust and credibility become important measures.
The head of the analysis department at Glassnode emphasizes that the Bitcoin treasury market does not welcome a large number of new entities without a long-term and transparent strategy. "No one wants to be the 50th company in this game," he said.
What factors determine the long-term success of Bitcoin treasury?
James Check shares that to maintain an effective Bitcoin treasury strategy, companies need to focus on developing sustainable products and long-term plans that align with market volatility. Adaptability and risk management are key.
Statistics from Glassnode show that companies with clear, transparent strategies and long-term commitments tend to maintain investor trust and optimize benefits when the market is highly volatile.
"Success in the cryptocurrency market is not about quantity competition but rather persistence and resilience with a long-term, transparent development strategy."
James Check, Head of Analysis at Glassnode, July 2023
Frequently Asked Questions
What is the Bitcoin treasury strategy? The Bitcoin treasury strategy is a plan for using and managing Bitcoin in corporate treasury to optimize long-term value and benefits. Why is this strategy ending faster than before? The market is highly volatile and investors prioritize companies with long-standing experience, making short-term strategies more popular. What factors contribute to the sustainability of Bitcoin treasury? Long-term strategy, transparent products, and adaptability to the market are decisive factors. What do investors prioritize when choosing a Bitcoin treasury company? Reputation, management experience, and a history of sustainable development are top criteria. Is it possible to succeed as a new company in this field? Yes, but a clear strategy and long-term commitment are needed to build trust and compete effectively.
Source: https://tintucbitcoin.com/chien-luoc-bitcoin-co-the-ket-thuc-thuong/
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