Bitcoin treasury companies are under pressure to outperform BTC, leading to discussions on whether investors should simply buy Bitcoin ETFs instead. Matt Cole, CEO of Strive Asset Management, emphasized the challenges treasuries face in achieving scale, citing the need for a billion-dollar balance sheet to access cheaper financing for public offerings. He underscored that Bitcoin's fixed supply makes it the optimal treasury asset, contrasting it with Ethereum and other tokens that he views as poor choices due to their variable monetary policies. Andrew Webley from The Smarter Web Company pointed out that although smaller firms can raise capital more easily, transparency in risk communication is vital. The contrasting strategies among Bitcoin treasury firms focus on either aggressive approaches to exceed BTC returns or aiming for steady growth with greater clarity. As fiat continues to devalue, the role of Bitcoin as a treasury asset is becoming increasingly significant.

Source 🔗