Max Keiser, a prominent Bitcoin advocate, expressed doubts about the durability of new Bitcoin treasury companies, highlighting a contrast with Michael Saylor's approach.
Keiser's Skepticism on New Treasuries
Max Keiser, a recognized Bitcoin maximalist, voiced skepticism regarding new Bitcoin treasury companies through his X account. He pointed out that their resilience in bearish market conditions is questionable, unlike Michael Saylor's approach, who continues to accumulate Bitcoin even during downturns.
Keiser's Remarks Spark Debate in the Crypto Community
Keiser's remarks triggered discussions in the crypto community about the viability of mimicking Saylor's strategy in a bear market. Some investors remain cautious, while others support new firms willing to take risks.
Resilience of New Firms in a Bear Market
Historically, in the crypto market, emerging companies have often faltered under bearish conditions. Cory Klippsten from Swan Bitcoin suggests that the current cycle's volatility may test these firms' resilience, as previous trends show the contrasting ability to sustain strategies. Keiser warns against blindly adopting successful models, urging a thorough analysis of each company's strategy.
Max Keiser's statements emphasize the importance of in-depth analytics and sustainable approaches for new companies in the Bitcoin space, especially during periods of market instability.