Express
Market Concerns Arise as Listed Companies Stockpile Coins, Potentially Impacting Digital Asset Prices
Summary: According to sources, the trend of listed companies transforming into coin-buying machines has reached a fever pitch, with executives supporting such transactions warning that this could impact digital asset prices. Data from consulting firm Architect Partners shows that Digital Asset Treasury (DAT) companies plan to raise $79 billion by 2025 for purchasing Bitcoin. Market participants ...
According to sources, the trend of listed companies transforming into coin-buying machines has reached a fever pitch, with executives supporting such transactions warning that this could impact digital asset prices. Data from consulting firm Architect Partners shows that Digital Asset Treasury (DAT) companies plan to raise $79 billion by 2025 for purchasing Bitcoin. Market participants are concerned that a sharp price reversal could prompt entities to sell off altcoins, exacerbating the sell-off. Akshat, head of family office Maelstrom, stated that the collapse of large DATs could trigger a domino effect, leading to the end of the bull market cycle.
Tags:
Link: Market Concerns Arise as Listed Companies Stockpile Coins, Potentially Impacting Digital Asset Prices [Copy]
