According to Jake Ostrovskis, an over-the-counter (OTC) trader at market-making firm Wintermute, their balance sheets Bitcoin The increasing trend of companies adding crypto para can significantly increase demand.
Ostrovskis noted the growing interest of companies, small and medium-sized enterprises (SMEs) and traditional institutions to adopt Bitcoin as a strategic asset.
“I think that will be a pretty big push next year when companies as well as institutions turn to Bitcoin,” Ostrovskis said, adding: “You will most likely see SMEs coming as well.”
This trend has been largely fueled by MicroStrategy, a commercial IT firm that has purchased over $10 billion in Bitcoin and plans to buy another $42 billion, leveraging its equity capital to fund the purchases.
Ostrovskis cited Bitcoin mining giants Marathon Digital Holdings (MARA) and Riot Platforms as examples of firms that have issued convertible bonds to finance Bitcoin purchases. Additionally, earlier this week, technology company Metaplanet announced plans to raise $31.8 million through a bond issuance to accelerate Bitcoin purchases.
“People talk about the impact of ETFs, and the real driver of that is that pension funds and sovereign wealth funds can now invest cash,” Ostrovskis said. “But in companies, there is probably a little more freedom and freedom than waiting for pension funds to come in and buy Bitcoin ETFs.” “There is probably another pool of capital that moves faster.”
“Someone does the same thing and finds themselves in a Ethereum “It’s probably just a matter of time before it turns into an investment vehicle,” he said, adding: “At that point, you become the MicroStrategy of that world.”
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/ethereum-icin-de-surekli-satin-alim-yapan-bir-microstrategy-ortaya-cikacak-mi/
