The adoption of Michael Caurer’s strategy to buy for the balance sheet has clearly shut down among many publicly trading firms, which has greatly enriched his stock prices and shareholders.
But what does this mean for the future of bitcoin price? NYDIG research crunched numbers, and the results are striking.
“If we apply a 10x” money multiplier ” – the row of the thumb reflecting the historical impact of new capital on the market cap of bitcoin – and divided by the total supply of bitcoin, we arrive at a rough estimate of the potential value effect: an increase of about $ 42,000 per bitcoin per bitcoin,” Nydig said in a research report.
To reach this conclusion, Nydig analysts reviewed the strategy (MSTR), Metaplanet (3350), twenty -one (CEP), and Seveler Scientific (SMLR) Cumulative Equity Valuation, as they adopted a strategy to buy bitcoin. This outlined analysts how much money they can raise theoretically by issuing shares at current stock prices to buy more bitcoins.
If this analysis is correct, the estimated price is about 44% increase from the current spot price of $ 96,000 per bitcoin. If capital is done, the Wall Street Money Manager will probably not object to showing this PNL chart to his customers, especially given the current instability and uncertainty in the market.
“The implications are clear: as the ability to release it can have a significant impact on the price of ‘drought powder’ bitcoin,” Nydig research said.
Limited supply of bitcoin is also well fucking for analysis. Publicly trading companies already hold 3.63% of the total supply of bitcoins, in which the strategy of the lion of those coins is being organized by strategy. Adding private company and government holdings is 7.48% according to total Bitcoiniancaries data.
If the US government gets the budget-plate strategies to get additional bitcoins for this, then the demand may increase in the near future also. Strategic bitcoin reserve.
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