Bitcoin (Btc) Maximalist Max Keizer recently doubts the capacity of the newer Bitcoin Treasury companies, imitating the corporate BTC Reserve System being appreciated by co-founder Michael Saylor, to maintain financial discipline during a wealed bear market.
According to Bitcoin’s maximalist, Michael Saylor’s welcome a previous bear market and Continue to accumulate BTC with high confidenceA scenario that has never encountered new BTC treasury companies. Keizer wrote on a May 30 x Post:
“Strategy clones have not been tested in a bear market. Saylor has not been sold and continues to buy, even if her BTC position is underwater. It is foolish to think of the new approach clones in the Treasury of Bitcoin will have the same discipline.”
“The approach is the Bitcoin of BTC Treasury Plays. Continue accordingly,” Keizer wrote in an earlier x Post.
Michael Saylor’s company continues to draw attention from crypto and traditional financial investors alike, attracting fresh capital flows and inspiring twelve -two copycat companies to emerge.
The proliferation of BTC treasury companies can create a situation where 50% or more of the total Bitcoin supply is Corporate ownershipsome analysts predict.
Related: Bitcoin hit more than $ 150k because outsiders are ghosts – Michael Saylor
Strategy copycats marks appear as the stock premium sinks
Following a rapid increase in strategy stock price, which saw the company’s shares of advances several times at a full time high of approximately $ 543 on November 21, dozens of companies announced plans to adopt A A Bitcoin’s treasury plan To protect the value of their reserves and increase sharing prices.
On May 7, Strive, a asset management company established by former political candidate Vivek Ramaswamy, announced that it was Became a Treasury company of Bitcoin.
https://www.youtube.com/watch?v=ae_enjrbddu
Trump Media and Technology Group (TMTG), a media and online tech company partially owned by US President Donald Trump, confirmed a $ 2.5 billion Increasing capital to buy bitcoin on May 27.
Metaplanet, a company that previously adopted a Bitcoin treasury plan, is almost Trading on a Bitcoin Premium of $ 600,000.
This means that investors pay almost six times for exposure to Bitcoin than if they only bought Bitcoin directly to retail markets.
This premium raised alarm bells from several analysts, arguing that these high values were not preserved.
Magazine: Danger signs for Bitcoin as retail that left it in institutions: Sky Wee
