Max Keiser Questions Commitment of New Bitcoin Treasury Companies
Max Keiser has expressed skepticism about whether new Bitcoin treasury companies will exhibit the same commitment as Michael Saylor of Strategy. He noted that Saylor consistently bought Bitcoin during market downturns without selling, even when his investments were underwater.
Keiser's Concerns
- New firms have not faced a bear market.
- Keiser doubts their ability to maintain discipline like Saylor.
- He highlighted the difference between long-term holds and quick trades in a downtrend.
Increase in Corporate Bitcoin Holdings
- Many companies are rapidly adopting Bitcoin treasury strategies.
- Analysts predict over 50% of all crypto could soon be held by corporations.
- Strive, led by Vivek Ramaswamy, joined on May 7.
- Trump Media and Technology Group announced a $2.5 billion capital raise for Bitcoin on May 27.
Rising Premium Prices Concern Analysts
- Strategy’s stock reached an all-time high of $543 on November 21.
- Metaplanet is trading at a premium of $600,000 per Bitcoin position.
- Analysts warn that high premiums may not be sustainable if Bitcoin prices drop.
