Coin-Stock Battle: Financial Innovation or the Last Illusion of the Bull Market?
Recently, the market has shown significant signs of recovery, especially with Wall Street's continued push for Bitcoin spot ETFs, revitalizing the entire crypto asset market. But compared to traditional crypto speculation, more and more listed companies are utilizing 'coin-stock narratives' for capital operations.
From U.S. stocks to Japanese stocks, a number of companies are using Bitcoin and Ethereum as 'strategic reserve assets,' which not only drives up coin prices but also directly affects their market value. This trend is not just a replication of MicroStrategy, but more like a financial structural experiment of 'coin-stock linkage.'