’10x Money Multiplier’ for Bitcoin Could Take Wall Street by Storm
From Yahoo Finance: 2025-05-04 10:00:00
Publicly traded firms adopting Michael Saylor’s strategy of buying bitcoin for the balance sheet see stock prices soar. NYDIG Research predicts a potential $42,000 price increase per bitcoin if firms issue shares at current prices. Analysis suggests a 44% jump from the current $96,000 spot price.
Companies like Strategy, Metaplanet, and Semler Scientific are reviewed for their bitcoin buying strategy impact. NYDIG Research estimates a significant upward effect on bitcoin’s price due to “dry powder” from potential share issuances. Publicly traded firms already hold 3.63% of bitcoin’s total supply.
Demand for bitcoin may rise with the U.S. government exploring budget-neutral strategies to acquire more. Companies, government holdings, and publicly traded firms hold 7.48% of bitcoin’s total supply. Cantor’s equity shares surge 55%, adding to the bitcoin frenzy in the market.
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