Post
Topic
Board Economics
Re: Everything you wanted to know about Bitcoin Strategic Reserve
by
Lida93
on 27/06/2025, 11:36:19 UTC
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Btw, the company Bit Digital (BTBT) recently went 100% ETH strategy, the stock crashed and it's probably undervalued to their holdings now.
This is so unfortunate for them. Is it that they didn't do their homework on the crypto market or they just wanted to get in hand with some cheap priced coins that they could burst in profits in the shortest term? Since Eth last ATH, the altcoin has been struggling to get near it  ATH of how long now, not to talk of creating a new one just as bitcoin has been surpassing it's ATH in the past months since November of 2024.

 I would rather be wary of having anything to do with any institution that would be pilling altcoins to their portfolio. Because it's a huge financial mistake for an investment in crypto.