Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Glassnode Analyst Questions Bitcoin Treasury Strategy Longevity

Glassnode Analyst Questions Bitcoin Treasury Strategy Longevity

2025/07/06 05:10
By:
Key Points:
  • James Check warns against unsustainable Bitcoin treasury growth.
  • Corporate Bitcoin strategy lifespan under scrutiny.
  • Increasing investor skepticism towards new entrants.
Glassnode Analyst Questions Bitcoin Treasury Strategy Longevity

Concerns about the longevity of Bitcoin treasury strategies may deter new firms, reflecting a shift in investor expectations for sustainability.

Bitcoin’s corporate treasury appeal is waning, with Check noting companies no longer benefit from mere Bitcoin holdings. MicroStrategy’s early adoption set a precedent, yet recent participants face minimal returns. He observed newer firms’ impact as diluted by investor skepticism.

Current Trends and Observations

Participating in Bitcoin treasury strategies are entities like MicroStrategy, led by Michael Saylor, who has amassed 600,000 BTC. James Check and Udi Wertheimer echo skepticism on whether many new companies can sustain this model, challenging long-term convictions.

James Check, Lead Analyst, Glassnode, “Nobody wants the 50th Treasury company. Investors increasingly expect clear differentiation rather than another firm adding Bitcoin to its balance sheet.”

Market Dynamics and Investor Reactions

Bitcoin remains the primary focus of corporate treasury actions, but newer firms’ interventions don’t notably alter market dynamics. Existing major players overshadow these new entrants, limiting potential gains.

Historical trends demonstrate the first-mover advantage in Bitcoin treasuries, with early entities retaining media and market attention. Late entrants must differentiate or face fading relevance and speculative skepticism from investors.

Community reactions suggest skepticism around sustainability continues to grow, emphasizing innovation needs. Experts suggest newer entrants may struggle with market saturation, potentially catalyzing a phase-out of the current strategy.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

The Next "Black Swan": "Tariff Refund Mega Deal", Wall Street and Individual Investors Are Placing Bets

Individual investors are participating in this game through emerging prediction markets such as Kalshi and Polymarket.

ForesightNews2025/10/28 06:52
The Next "Black Swan": "Tariff Refund Mega Deal", Wall Street and Individual Investors Are Placing Bets

Since the U.S. legislation in July, stablecoin usage has surged by 70%!

After the "Genius Act" was passed in the United States, stablecoin payment volumes surged, with August transactions exceeding 10 billion USD. Nearly two-thirds of this amount came from inter-company transfers, making it the main driving force.

ForesightNews2025/10/28 06:52
Since the U.S. legislation in July, stablecoin usage has surged by 70%!

BlackRock Shifts $500 Million Funds to Polygon Network

In Brief BlackRock transfers $500 million to Polygon, enhancing blockchain integration in finance. The move shows increased trust in blockchain-based financial structures. It indicates a trend towards decentralization and long-term structural change in finance.

Cointurk2025/10/28 06:36
BlackRock Shifts $500 Million Funds to Polygon Network