The rise of corporate Bitcoin treasury companies is reshaping corporate finance as they buy Bitcoin to boost stock prices, creating a cycle of profitability. Strategy, formerly MicroStrategy, is at the forefront of this movement, holding over 590,000 BTC valued at over $60 billion. Over 130 companies have followed suit, adopting a strategy to raise capital, purchase Bitcoin, and leverage gains to increase their stock value. While proponents view this as a bullish trend, concerns about a structural risk loom, with potential implications for the entire crypto ecosystem if market conditions shift negatively. Investors are now questioning whether this corporate behavior will drive Bitcoin towards another bull run or trigger another crash as the cycle continues to unfold.

Source 🔗