Las Vegas – the Bitcoin Treasury game that rose StrategMarket capitalization adjusts to $ 80 billion is now being imitated by meme shares, media firms and multinational conglomerates. But Wall Street is not buying all the hype.
This week, Trump Media Announced plans to raise $ 2.5 billion to buy Bitcoin, and Gamestop revealed an allocation of $ 500 million. Meanwhile, Tether, SoftBank and Jack Mallers de Strike presented twenty -one years, an expansion expansion of the Bitcoin native company with more than 42,000 Bitcoin in its balance, enough to be the third largest company.
For now, the market does not see the next strategy in any of them. Trump Media shares have decreased more than 20% since the announcement, while Gamestop has dropped almost 17%. The strategy, previously known as Microsstratey, has multiplied by 26 times since the late 2022, accumulating a Bitcoin participation worth more than $ 60 billion.
“Maybe the market wanted them to buy more Bitcoin,” said the president of the strategy, Michael Saylor, in an interview in Bitcoin 2025 in Las Vegas. “But these are short -term dynamics. In the long term, Bitcoin in the balance sheet has proven extraordinarily popular.”
Saylor described the “brave, aggressive and intelligent” Trump movement, and said that the avalanche of similar ads marks a global change in corporate finances.
“Wherever he goes to this conference, someone says, you know, I’m working on a Bitcoin treasure company in Hong Kong. I’m doing this in Korea. I have this in what I am working in Abu Dhabi. We are going to do this in the Middle East, you know, we have this in the United Kingdom,“ Hey said. “There is an explosion of interest at this time.”
Saylor said Bitcoin’s ambassadors are “planting the orange flag everywhere on earth.”
What is the way in which a marginal financial maneuver is quickly becoming a geopolitical race? According to the Biden administration, Bitcoin’s corporate adoption was treated as a regulatory red flag. But under President Donald Trump, the tone has changed.
In March, Trump signed an executive order that established a strategic reserve of Bitcoins from the USA., Directing federal agencies that treat Bitcoin as a long -term value store. The reserve will be completely financed through Bitcoin seized in cases of criminal and civil funerals, according to the cryptographic of the White House and the Ai Tsar David Sacks. The order also empowers the government to explore additional neutral budget mechanisms to acquire more bitcoin.
For the first time, the Federal Government will carry out a complete audit of its digital assets, updated in more than 200,000 bitcoin. The order explicitly prohibits the sale of any bitcoin of the reserve, consolidating its role as a permanent sovereign asset.
‘There is no strength on earth’
Vice President JD Vance, this week, became the first vice president to sit directly to the Bitcoin community, framing cryptography as a coverage against inflation, censorship and “unleashed bureaucrats.” And in an additional movement to promote Bitcoin, the Labor Department gave a guide that had discouraged Bitcoin investments in retirement plans.
“No force on Earth can stop an idea whose moment has come,” Saylor said. “Bitcoin is digital capital and perhaps the most explosive idea of the time.“
Some corner corners are still resistant. At the end of last year, Microsoft Shareholders rejected a proposal to use part of the massive cash stack of the software company to follow Saylor’s example. In a video presentation that supports the effort, Saylor told investors that “Microsoft cannot afford to miss the next technological wave.”
While the strategy has harvested the rewards of early adoption, Saylor suggested the coldest reaction of the market to Trump Media and Gamestop can come more from the dynamics of structural financing thanks from skepticism to Bitcoin himself.
He pointed out Gamestop’s initial announcement that he was considering a Bitcoin strategy, which led to a 50% pop in the actions and an increase of ten times in the negotiation volume. The company quickly capitalized on the impulse with a convertible bonus of $ 1.5 billion, a movement that described as “extraordinarily successful.” Trump Media adopted a similar approach, raising capital through a large offer of convertible bonds.
Saylor said that these financing methods can create short -term pressure down, but that approximately time will benefit.
When it comes to strategy, Saylor said there is no roof in his accumulation plans of Bitcoin. His company is already, with much, the corporate head of the cryptocurrency.
“We will continue buying Bitcoin,” “We hope that Bitcoin’s price will continue to rise. We believe it will be more difficult to buy Bitcoin, but we will work expantly more efficiently to buy bitcoin.”
For critics who concern that state actors and media adopted by Bitcoin undergoing their decentralized ideals, Saylor argues otherwise.
“The network is very fragile, and there is a balance of power here, “he said. Who otherwise would be afraid to put all its economic weight on the network.”
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