As part of their company’s treasury strategy, more and more traditional companies are starting to experiment with digital assets, indicating how businesses view the role of cryptocurrencies in financial management has changed.
This week alone, companies from various sectors such as agriculture, consumer manufacturing, and nearly 80-year-old Japanese textile companies announced their allocation to tokens like Bitcoin (BTC), xrp(XRP) and solana (sol).
Wednesday, Nature Miracle, Agritech Company, Announce It will allocate up to $20 million to XRP (XRP) The Ministry of Finance of the Company, making it one of the latest companies Altcoin Treasury Strategy.
Consumer Manufacturing Company UPEXI public Acquisition of 83,000 sols (sol) On Wednesday, its company’s Treasury Department was worth $16.7 million.
The day before, Kitabo was a publicly listed Japanese company, mainly involved in textiles and recycling. reveal It plans to purchase 800 million yen (about 5.6 million US dollars) of Bitcoin for its company.
this The rise of Bitcoin finance companies This has led to the expansion of corporate treasury bills, and many companies are now considering digital assets for treasury strategies. As the trend grows, analysts warn installation Market and investment risks Cryptocurrency companies.
Related: Trump’s Bitcoin mentor bet on BTC’s Treasury strategy – His wealth is exploding
Risks associated with growing trends in cryptocurrency companies
Crypto-holding companies, including Bitcoin Finance CompanyAnalysts warn that there are several legal and market risks that could explode these companies and could lead to a wider impact on the cryptocurrency market.
Only one Few Bitcoin finance companies can surviveaccording to June Report From venture capital firm variety.
The authors of the report argue that even the minimum drop in Bitcoin prices could trigger a death spiral of overdrive BTC companies that are forced to sell their BTC to meet their debt obligations, which could lead to lower price cycles and lower corporate credit.
Digital asset holding companies can also Facing expensive investor lawsuits If the crypto market does not execute, or if traditional financial indicators (such as stock prices) fall.
These risks are more complicated by Altcoin Holdings, which own inflationary assets, can experience a 90% shrinkage between market cycles and will usually peak in a single market cycle.
“AltCoins has no floors, so the music is cooked to stop’, while BTC Finance has a floor, and that floor is independent of them, and it tends to rise over time,” Viktor Viktor, content creator and community member Write On X.
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