💥 Is a mega crypto bubble forming?
The alert about a possible mega bubble in cryptocurrencies is gaining traction, especially due to the analysis by influencer Manuel Terrones Godoy (kManuS).
📈 What is happening?
• Companies are issuing debt or shares to buy cryptocurrencies like $BTC , $ETH , SOL, XRP, and $SUI .
• This artificially raises the value of their shares, creating a speculative cycle.
• More than 200 companies have already adopted BTC as a treasury asset; another 64 did the same with ETH.
🏢 Key examples
• Strategy (Michael Saylor): multiplied the value of its shares x30 in 5 years.
• SharpLink Gaming: replicated the model with ETH.
• Tron Inc.: seeks to accumulate TRX through the issuance of debt for USD 1.000 million.
⚠️ Where is the risk?
• If the shares do not rise, companies cannot continue issuing or paying their debts.
• The issued securities are not collateralized with crypto assets.
• The model depends on a fragile relationship between the stock price and the crypto asset.
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