PANews reported on July 5 that Glassnode’s chief analyst James Check tweeted that the Bitcoin treasury strategy is much shorter than most expected, and for many newcomers, it may have already ended. This is not a “measuring contest”; the key lies in the sustainability of a company’s products and strategies in the long-term Bitcoin market. Check stated that due to investors favoring early adopters, newly established Bitcoin treasury companies are facing a tough battle. “No one wants to be the 50th treasury company.”
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Analyst: The dividend period of Bitcoin treasury strategies may have ended for newly entering companies.
PANews reported on July 5 that Glassnode’s chief analyst James Check tweeted that the Bitcoin treasury strategy is much shorter than most expected, and for many newcomers, it may have already ended. This is not a “measuring contest”; the key lies in the sustainability of a company’s products and strategies in the long-term Bitcoin market. Check stated that due to investors favoring early adopters, newly established Bitcoin treasury companies are facing a tough battle. “No one wants to be the 50th treasury company.”