😱😱😱
“A mega bubble is forming in cryptocurrencies”
The trend of cryptocurrency treasury companies will continue to grow.
The weak point of the model is the relationship between the stock value and the cryptocurrency.
There are companies replicating the actions of Strategy, but with cryptocurrencies instead of bitcoin.
The price increases that bitcoin (BTC) and cryptocurrencies have had in recent months raise alarms for those who are clear that there is a true bubble in the market in gestation, driven by companies adopting these assets as treasury.
The phenomenon that “started a while ago” has its starting point in Strategy, the company of Michael Saylor, which transformed its business model by becoming a company with direct exposure to bitcoin and achieved, among other things, stock market success as the value of its shares multiplied by 30 in five years.