Two "red flags" to pay attention to when investing in a Bitcoin financial company

Peter Chung of Presto Research warned investors that companies that hold large amounts of bitcoin should be carefully reviewed in case of red flags, and stressed that not all companies can replicate MicroStrategy's success. Major risks include suspicious underlying assets and weak management execution. Although Bitcoin has become a monetary asset, alternative assets such as Ethereum and Solana have developed rapidly, but there are higher uncertainties. Japan’s MetaPlanet reflects how tax benefits drive demand, but recent stock offerings also reveal their strategic complexity. Chung stressed that financial engineering alone is not enough – companies must skillfully navigate the open market and avoid being part of the “long tail” of disadvantaged players.