PANews reported on December 14 that according to Business Insider, Gracy Chen, CEO of cryptocurrency exchange Bitget, said that the speculative trading inherent in the cryptocurrency market is becoming a thing of the past, and institutions are increasingly interested in building reserves based on Bitcoin. However, for companies trying to copy MicroStrategy's Bitcoin investment strategy model, caution is necessary because new entrants face much higher Bitcoin prices than when MicroStrategy first bought it. If the price of Bitcoin suddenly drops, companies that use leverage to buy Bitcoin will also face greater risks: while the price of cryptocurrencies may fall, debt liabilities will not.
Industry insiders: Companies that recently followed MicroStrategy's lead in implementing Bitcoin strategies need to be cautious
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Author: PA一线
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