Public markets: narrative vs fundamentals
Companies listed with crypto exposure show contrasting performance:
Top performer: Metaplanet and MicroStrategy thanks to BTC-centric strategies.
In trouble: SharpLink and Nano Labs.
Solid business model: Circle, experiencing strong bull growth post-IPO.
Positive trend: Robinhood and Coinbase thanks to strategic acquisitions.
The markets tend to reward sustainable models more than simple speculative allocations.
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