According to Cointelegraph, the company expands its crypto asset library to affect Bitcoin price trends

Nakamoto CEO David Bailey said adding underperforming altcoins has chaotic financial narratives. He pointed out that the core strategy is to build and monetize the balance sheet. Bailey said the entire finance department was under test. It is reported that listed companies have begun to focus on crypto assets outside Bitcoin. Mill City Ventures III plans to raise $500 million for Sui's financial strategy. Galaxy Digital reports say cryptocurrencies such as Ether and Solana have gained attention outside of Bitcoin. BitcoinTreasuries.NET data shows that listed companies hold about $117.91 billion in Bitcoin. Ether has attracted attention for being pledged to earn annual income. StrategicETHReserve says about 3.14% of Ether supply is held by listed companies. Galaxy Digital CEO Mike Novogratz said the interest of financial companies in the crypto market could lead to a sideways in Bitcoin prices. Breed believes that only a few Bitcoin finance companies can withstand the test of time.