“Publicly Traded FIRMS RELENTLESSLY Buying Bitcoin for Their Balance Sheet Could Result in ‘Significant Buy Pressure.’”, – WRITE: www.coindesk.com
But What does it mean for the Future of the Bitcoin Price? Nydig Research Crunchen The Numbers, and the Results Are Striking.
“If we Apply a 10x” Money Multiplier “—A ru of Thumb Reflection The Historical Impact of New Capital on Bitcoin’s Market Cap – And Divide by The Total of Bitcoin, West. Potential Price Impact: A Nearly $ 42,000 Increase per Bitcoin, “Nydig Said in a Research Report.
(Source: Nydig Research)
To reach this conclusion, the Analysts at Nydig Review Strategy (Mstr), Metaplanet (3350), Twenty One (Cep), and Semler Scientific’s Buying Strategy. This Gave the Analysts An Outline of How Much Money They Could Theoretical Raise by Issuing Shares at Current Stock Prices to Buy More Bitcoin.
If this Analysis Comes True, The Projected Price Is Nearly A 44% Increase From The Current Spot Price of $ 96,000 per Bitcoin. If capitalized, Wall Street Money Managers Perhaps Wuldnn’t Mind SHOWING THIS PNL CHART TO THEIR CLIENTS, ESPECIALLY GIVEN the CURRENT VALATITY AND UNCERTAINTY IN THE MARKET.
“The Implication Is Clear: This ‘Dry Powder’ in the Form of Issuance Capacity Cold Have A Significant Upward Effect on Bitcoin’s Price,” Nydig Research Said.
Bitcoin’s Limited Supply Also Bodes Well for the Analysis. PUBLICLY-TRADED Companies Already Hold 3.63% of Bitcoin’s Total Supple, with The Lion’s Share of Those Coins Being Held by Strategy. Adding Private Company and Government Holdings, The Total Is At 7.48% Account to Bitcointreasuries Data.
Demand Could Also Grow Further in the Near Future if the US Government Finds “Budget-Neutral Strategies for Acquiing Addrational Bitcoin” for Strategic Bitcoin reserve.
Read More: Cantor Skyrockets 130% As Traders Fomo Into The Stock On Bitcoin Spaac Frenzy
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