Crypto Treasury Companies Risk Ignoring Lessons from History, Warns Galaxy

Fast fast inspanding public firms using their stocks of digital asset digitally lasted to write refurred lessons through the financial system, warning A report on the tendency from Galaxy Digital.

The growth of growth of digital data tesur (DACS)which now account for more than $ 100 billion in digital assets, depends on a first persistent equity to the value of net axis (Nav)driven by the TRAVOT of the UP-only of CRYPRROXCIES as Bitcoin

the tokens of Ontoium (Eth). I am If first collapses, or worse, flips to a discount, the pattern begins to break.

The fear of missing on the Play of Bitcoin Treasure an interesting parallet With the fell in investments in the 1920 1920s referred and mass pearology, who saw newly fruthed, and Goldman Sachs Trading Deal Odding.

Explicitly erasing a business model to accumulate the digital assets (usually bitcoin) is a blueprint set by Michael Saylor’s strategy (Mct)that started the btc accumulation in 2020; Other great entries to data space are metabbanet (3350t) and dump the game (Sta). I am

If one or two companies pursue this route in isolation, it might not merge the blower econsistem, who said in their relationship, but say or so firms that are now sink in this trade. These data is largely correlated, both of each other and the markets of undoluted cryptiiet until they are built. If the Redemption Turned ori has become generalies between businesses, which could be the principle of a larger scale, Galaxy said.

“The hour, the playboard is clear and capital pour the capital. But this part of the risk. When hundreds of businesses adopt the same trade (lift equity, buy crypto, repeat)can become fragile structured. A downturn in each of these three variables (Investor feeling, cryptuous prices, and capital city tries) can start wake up the rest “, reported the report.

A goal in the DATURY COMMITTY I could exercise meaningful discharge pressure on digital asset the pricing of the digital. In the same way that the afflicts served as a “persistent offer” for bitcoin, the flows driven by redemptions would probably get the opposite effect. In the pipuum, could not be a nut accumulation, galaxy accumulation said.

The TREACCD DTACCH can also be ahow to grow older, but many firms. In the witnesses can in charge of wet, using the operating money or money. (Already, Bitmine the Application of the Council to repair Up to $ 1 billion It is worth his share when management sees in the form of doing.)

A possible result of a consolidation of the sector, Galaxy predicts. The largest, capitalized players as the strategy (Mct)Always trade to a first, may start acquiring smaller datcos to ship discounts. These transactions will allow effectively to acquire buyers to acquire btc in a discount using their own equity. However this jobs only as long as the waterfront preserves a first.

“As these different follows the scale, its influence over the digest of digital asset reaches in risen of stronger

“A data of the data could not conceive of the public identities for the digital asset for each type effects in Cryptu, weighs of Cryptu, sorgery.