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 now hold over 1 million Bitcoin, with 90.4% of these holdings concentrated in the US, amid 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.
- Public firms hold over 1 million Bitcoin.
- 90.4% of Bitcoin holdings are concentrated in the US.
- Treasury firms and DATs can bring long-term discipline to the crypto sector.
Author's summary: Bitcoin Treasury firms may stabilize crypto markets.
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