Bloomberg: Crypto treasury strategy shifts from craze to questioning, Strategy model frustrated
Source: golden
Time: 2025-09-10 01:21:42
Golden Finance reported that the stock price of Strategy and its Japanese peer Metaplanet has also declined recently after soaring in the past year, which shows that even leaders cannot survive the impact of changes in market sentiment. The current crypto treasury strategy is shifting from a craze to a question, and the Strategy model is struggling. For some companies, the appeal is obvious: the publicly-owned company packaging can provide cryptocurrency exposure and potential leverage returns while using stock formats that investors are familiar with. In some cases, this model can still achieve a higher premium. But this trading method is becoming crowded: too many companies are flocking in, with little value except tokens held, and as prices fall, confidence in supporting these premiums begins to shake.