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0 -0.00456026058631924 0.017915309446254 0.0143322475570032 0.0579804560260587 0.0293159609120521 0.0358306188925081 0.0358306188925081
Stock impact report

Inside The $150 Billion Bitcoin Treasury Boom Shakeout [Forbes]

Solana Company - Class A (HSDT) 
Company Research Source: Forbes
n the span of just a few months, a corporate copycat phenomenon has swept through digital assets. The playbook, pioneered by Michael Saylor's bitcoin-hoarding behemoth, Strategy, is ostensibly simple: create or rebrand a publicly traded company, raise money through debt and equity, use the proceeds to buy a single cryptocurrency (usually bitcoin, but increasingly others like ether, solana and avalanche) and market the stock as a safer and often leveraged way for investors to gain crypto exposure without holding the tokens themselves. Fueled by rising crypto prices and a friendlier regulatory environment for digital assets, the model has worked spectacularly for some. Since Strategy's first bitcoin purchase in August 2020, its stock is up over 2,200% and has mostly traded for a significant premium to the value of the bitcoin it holds on its balance sheet. Japan's Metaplanet, which adopted a similar “digital asset treasury” (DAT) model in April 2024, has soared 3,830% since it bega Show less Read more
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