Gotta be careful selling shares to buy bitcoin...
We may be getting close to the saturation point
Companies have been selling stock to buy more bitcoin, the strategy first made famous by MSTR.
Now companies are seeing their stock not perform as expected..
(Source: https://cointelegraph.com/news/bitcoin-buying-firms-weigh-stopping-risks-emerge-vaneck)
There will come a point where the appetite just won't be there anymore.
We are getting close now.
Hey @jondoe! This is a super insightful take on the potential saturation point for Bitcoin-backed corporate strategies. The Cointelegraph link really adds weight to your argument, and that chart paints a stark picture! It's fascinating to see how the initial MSTR strategy is now being re-evaluated as risks emerge.
I think you're right, the appetite definitely has its limits. What are your thoughts on how this might affect the overall crypto market if companies start pulling back? Curious to hear what others think too! Thanks for sparking this timely discussion! Upvoted and resteemed!