According to a new report, the acquisition of Bitcoin of the company is a growing trend, with 61 different or more companies buying the cryptoset. Stable bitcoin gains make this strategy very attractive.
However, there are dangers inherent in these companies and these companies. Many companies rotate their old models to a BTC-STR strategy, but the sale of these assets could trigger a collapse outright.
Are business bitcoin acquisitions optimistic?
Now that Bitcoin has increased consistently, corporate acquisitions settle around the world. Microstrategy led the charge years ago, but companies on all continents rotate the BTC and make major commitments. Fortune says that at least 61 different companies have joined this trend, revealing the depth of its recent success:
“The world as a whole has no idea what’s going on, and they are a big shock. It is a one -way train, nothing will stop it,” Dylan Leclair, director of Bitcoin’s strategy in Metaplanet, told Metaplanet. Metaplanet is a major representative of this international movement.
However, this trend in the acquisition of Bitcoin of companies could have serious drawbacks. Of course, the price of the BTC increases, and it can soon reach another summit of all time. In addition, it has less volatility than usual in recent months. To be clear, they are all very good signs.
However, it is important to remember that most of these companies are not native of web3. Cryptographic industry is subject to wild fluctuations and cyclical accidents, but experienced investors can mitigate these risks.
Many of these new Bitcoin buyers stand out from a failing commercial model without knowing the own crypto traps.
As Microstrategy has clearly demonstrated it, companies that make these Bitcoin acquisitions cannot necessarily eliminate them. If these standard BTC confidence carriers are starting to sell, this could trigger a race on the market.
Can 61 of these companies consider holding their bitcoin forever? Could future market disorders force liquidations and eliminate them?
In addition, these trends in the acquisition of corporate bitcoin strengthen fears of “decentralization”. ETF issuers already have more BTC than Satoshi, and they buy more daily.
If private companies continue to buy bitcoin and hold it, it could disrupt a pillar of the economy of Defi. After all, there is a limited offer of 21 million BTC.
This does not mean that this model of Bitcoin acquisition is a bad thing. In all likelihood, it is at least partially responsible for low volatility and consistent gains in recent months.
This remarkable trend could be a huge opportunity for the crypto, but it is not unambiguous good. The community must be ready for everything.
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