The adoption of Michael Saylor’s strategy of buying for the balance is clearly started among many listed companies, which essentially enriches their share prices and shareholders.
But what does this mean for the future of the Bitcoin prize? Newly -research crushed the numbers and the results are striking.
“If we use a 10x” money multiplier ” – a rule of thumb that reflects the historic impact of new capital on Bitcoin’s market capital – and divides with the total supply of Bitcoin, we arrive at a gross estimate of the potential award impact: A nearly $ 42,000 increase per Bitcoin,” said newly in a research report.
To reach this conclusion, the analysts underwent new strategy (MSTR), Metaplanet (3350), Twenty One (CEP) and Semler Scientifics (SMLR) cumulative equity, since they adopted the Bitcoin purchase strategy. This gave the analysts an overview of how much money they could theoretically raise by issuing shares to current stock prices to buy more Bitcoin.
If this analysis comes true, the expected price is almost a 44% increase from the current spot price of $ 96,000 per year. Bitcoin. If activated, Wall Street Money Managers might not mind showing this PNL diagram to their clients, especially given the current volatility and uncertainty in the market.
“The implication is clear: This ‘dry powder’ in the form of issuing capacity can have a significant upward effect on Bitcoin’s price,” said new research.
Bitcoin’s Limited Supply Bodes also well for the analysis. Public traded companies already have 3.63% of Bitcoin’s total supply, where the brother part of these coins is held by the strategy. Adding private companies and state possessions is the total amount of 7.48% according to BitCintreasuries data.
Demand may also grow further in the near future if the US government finds “budget neutral strategies to acquire additional Bitcoin” for its strategic Bitcoin reserve.
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