Bitcoin Treasury Strategy Faces "Much Shorter Lifespan" - Analyst

James Chek warns that the Bitcoin treasury strategy may not last as long as many believe. In a recent post, he pointed out that new companies may "already be ending," as early adopters dominate investor interest.

According to Chek, companies that pile into Bitcoin without a clear purpose or sustainability are unlikely to succeed. He stated, "No one wants the fifty-first treasury company," noting that only companies with a unique specialty can justify an increased price in the future.

Despite 21 new entities adding Bitcoin to their reserves over the past month, Chek confirmed that many of them attract retail speculators "who do not have infinite money." He remains optimistic about Bitcoin's price, but sees challenges facing new companies trying to follow the treasury strategy.

MicroStrategy (MSTR) leads public Bitcoin holdings with approximately 600,000 Bitcoin, while smaller companies hold significantly less and face the risk of falling behind or being acquired.

Odie Wizardheimer affirmed these concerns, stating that some companies are pursuing "easy profit" without understanding the long-term value of Bitcoin. He added, "strong companies may acquire weak ones."

Others, like Fakhoul Mia, warn about copycat companies lacking guarantees $BTC #NFPWatch