Can Bitcoin Treasury Firms Save BTC From Its Own Cycles?
Analysts believe that Treasury firms and Digital Asset Trusts (DATs) can strengthen the foundation of the crypto industry.
Public companies currently hold over 1 million Bitcoin, with 90.4% of these holdings concentrated in the US, amidst rising US yields.
Bitcoin Treasury Companies and DATs are very good for crypto imo.
Hunter Horsley, CEO of Bitwise, views Bitcoin Treasury Companies and DATs as potential stabilizers for the crypto industry, providing investor relations, yield strategies, and long-term balance sheet discipline.
This shift towards corporate adoption of Bitcoin has sparked debate among investors, questioning whether Bitcoin can compete with traditional US Treasuries in global capital markets.
Author's summary: Bitcoin Treasury firms may stabilize crypto markets.
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