PANews reported on May 5 that according to CoinDesk, Greg Cipolaro, global research director of NYDIG, pointed out in his latest report that public companies holding Bitcoin have a lot of "dry powder", that is, the potential to raise funds by issuing new shares. If these companies use the current high stock price to issue new shares and use the proceeds to purchase Bitcoin, it may have a significant impact on market prices. Greg Cipolaro's preliminary estimates show that this capital deployment could cause the price of Bitcoin to rise by about 44% from the current level of nearly $96,000. The report also mentioned that pure Bitcoin companies like Twenty One, whose market enthusiasm and structural advantages may further amplify this potential impact.
NYDIG: Bitcoin holdings’ “dry powder” could significantly push up prices
- 2025-05-10
Tether CEO comments on European capital controls: Digital Euro sentiment intensifies
- 2025-05-10
Samourai Wallet Bitcoin privacy wallet developer's request to dismiss charges rejected, case remains in legal stalemate
- 2025-05-10
CryptoQuant CEO: Strategy purchases faster than Bitcoin mining and gains deflationary advantage
- 2025-05-10
Rich Dad Poor Dad author: Abandon "fake money" and turn to Bitcoin, gold and silver
- 2025-05-10
Brazil’s Fourth Largest City Belo Horizonte Votes to Pass Bitcoin-Related Bill
- 2025-05-10
Former Goldman Sachs executive Raoul Pal's insights and investment philosophy: How to get rich in the crypto space without relying on luck?