What they and others like them are doing is an obvious cash-grab; they're trying to inflate their earnings by jumping on the bandwagon. Is that something any of us should celebrate? Go ahead, I'm sure as hell not going to.
They are trying to ride the wave. We aware that alot of this so called treasury companies are going to sell for quick profit
Who mainly suffers it are the people that chose to invest in them.
, is it a good thing that so much bitcoin/litecoin/whatevercoin is migrating into the hands of publicly-traded companies?
Well Bitcoin is censorship resistant so anybody can buy. They own so much because there's a market that's selling.
In the grand scheme of things it ain't a good thing in the sense that decentralization is starting to look like a myth, a relic of the past
The government pushing Bitcoin as Gold and a store of value is a smart move would give them that
Hence why many don't know why Bitcoin was created in the first place.
if these corporations happen to decide to sell (or are forced to because their primary business can no longer afford to pay back the loans they took out to buy their 'treasuries')
The only corporation that owns a worthwhile number of Bitcoin is Strategy
So I would focus on that.
Their core business can service their interest with a rate of 0.42 % per annum
And Bitcoin would have to stay below $16K till 2028 before we can say yes they can't pay their loan.
And they don't need to sell to service the loan like Free market capitalist said
conversion to equity And even if they sold, maybe it would remind individuals why self custody has its perks.
I expect majority of them to sell and even condole the possibility that strategy would sell in the future
Don't Trust verify .
Anything can happen, the best we can do is speculate based on available data of today.