According to Cointelegraph, a crypto analyst has raised concerns about the sustainability of the Bitcoin treasury strategy, suggesting that its appeal may be waning for new companies entering the space. James Check, lead analyst at Glassnode, expressed his views in a recent post, indicating that the strategy might have a shorter lifespan than anticipated. He warned that the easy upside could already be behind for new Bitcoin treasury firms, emphasizing the importance of a sustainable product and strategy for long-term Bitcoin accumulation. Check highlighted the challenges faced by newer Bitcoin treasury firms, noting that investors tend to favor early adopters
source: https://www.binance.com/en/square/post/26517311340769?utm_source=BinanceNewsRSS