✅ The strategy of increasing the capitalization of companies by creating bitcoin reserves may not be as durable as many assume, according to James Check, an analyst at the Glassnode platform.
🧑🏫 The analyst did not name a specific time frame for the collapse of companies creating bitcoin reserves, citing optimistic expectations for the growth of the bitcoin price in the medium term.
❗According to the expert, it will be more difficult for companies that copy the strategy of Strategy, the first company to start buying bitcoins using equity capital and loans, to attract financing. Investors will give preference to earlier followers of the strategy, the Glassnode specialist is sure.
🗣️ “This is not about a competition of who has more. It is about how serious and sustainable your product and strategy is to support savings. I believe that only a few companies will be able to implement this strategy long enough to survive the crypto winter,” said James Check.
❗The market is entering a stage where organizations need to “show results,” and it will be increasingly difficult for random players to maintain premium status without a clear strategy and resources, the expert is sure. Chek noted that the flow of funds into debt securities or shares of companies with BTC reserves is mainly provided by retail investors, whose money is “not endless.”
