Crypto analyst James Check says the Bitcoin treasury strategy is getting to the point where new firms will find it hard to gain momentum “without a serious niche.”
A crypto analyst says the Bitcoin treasury strategy may not have the longevity many expect, warning that the easy upside may already be behind new companies entering the space.
“My instinct is the Bitcoin treasury strategy has a far shorter lifespan than most expect,” Glassnode lead analyst James Check said in an X post on Friday.
“For many new entrants, it could already be over,” Check said, adding that it’s not “about a measuring contest” but rather how sustainable a company’s product and strategy are when it comes to long-term Bitcoin (BTC) accumulation.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments