Wall Street’s financial engineering has entered the crypto market, led by Michael Saylor’s strategy of acquiring bitcoin through debt and equity issuances. This innovative approach has triggered a surge in stock prices, making it a blueprint for other firms to follow. Altcoins are now benefiting from this strategy with significant short-term gains.

The altcoin treasury strategy has resulted in average share price increases of 161%, 150%, 185%, and 226% one day, seven days, and 30 days after announcement, respectively. Investors are flocking to these equity “wrappers” for exposure to altcoins, as they offer substantial gains in the short term. Wall Street’s limited options for altcoin investments are driving capital flow into these strategy companies.

While the success of these treasury strategies is undeniable, the sustainability of the “Infinite Money Glitch” remains uncertain. Market sentiment shifts or prolonged declines in altcoin prices could pose substantial risks due to the leveraged nature of these strategies. However, this trend highlights the potential for structured products bridging traditional finance with crypto. As long as there is an appetite for financial engineering, capital will continue to flow into these strategies.

Read more at Yahoo Finance: Wall Street’s ‘Infinite Money Glitch’ Moves From Bitcoin to Altcoins