X @IcoBeast.eth🦇🔊

Treasury Companies Overview - Treasury companies are likened to memecoin PVP for Wall Street, indicating a high-stakes, speculative environment [1] - Michael Saylor established a playbook for treasury companies by acquiring a significant amount of BTC based on investor demand [1] Market Dynamics - The strategy of accumulating BTC led to substantial gains, described as "number go up tech" [1] - The Ethereum community adopted a similar approach, accumulating ETH, promoting it as a superior, environmentally friendly alternative [1] - The market was successfully influenced to believe in the value of both BTC and ETH, attracting trillions in investments from traditional investors [1] Risks - Numerous second-tier traditional finance figures (TradFi KOLs) created treasury companies for less desirable assets [1] - The entire system is vulnerable to collapse, potentially resulting in significant losses [1]