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Chet Manchester's avatar

Is this recent blog excerpt by Mike Fay a canary in Bitcoin's digital coal mine? "Year to date, public company BTC holdings are up 93.4% - but the majority of that is still from MicroStrategy purchases. In fact, MicroStrategy’s share of public BTC holdings has actually gone up over the last 11 months from 69.5% to 76.4%. Private company BTC holdings are down 14% year to date. Perhaps because those businesses don’t benefit from share price manias when buying BTC. That or perhaps holding crypto on the balance sheet is actually quite risky despite what Saylor says."

MXLTN's avatar

why all the companies you referring to have such a horrible to remember tickers lol? CYFRF, DEFTF... can you ask them to rename to something more marketable and memorizable ? ))) can't complaint about performance though )

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Dec 5, 2024
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Andreas Lindberg's avatar

There’s a lot to benefit as well as I also get 23% increase