Wintermute: The trend of businesses following MicroStrategy's lead in adding Bitcoin to their balance sheets could become a major trend by 2025
An analyst from the market-making firm Wintermute stated that companies emulating MicroStrategy's practice of adding Bitcoin to their balance sheets could become a major trend by 2025. Jake Ostrovskis, an over-the-counter trader at Wintermute, said: "I think corporations and publicly traded companies seeking exposure will be quite a big driving force next year. You're likely to see small and medium-sized businesses join in as well."
Ostrovskis also predicted that some companies will follow MicroStrategy's strategy for ETH. He said: "It may only be a matter of time before someone does the same thing, turning themselves into something like an Ethereum investment tool; by then, you've become the MicroStrategy of that field."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Yesterday, the spot Ethereum ETF had a net inflow of $47.59 million