Are There Any Crypto Treasury Companies Worth Buying Right Now?
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The crypto treasury model pioneered by Strategy has exploded in popularity, resulting in dozens of publicly traded companies also stockpiling crypto.
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Many of these companies are raising money from outside investors rather than using cash from operations to finance crypto purchases.
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The best-in-breed crypto treasury companies still trade for a premium to their core crypto holdings.
Crypto treasury companies are starting to look like highly risky and speculative bets on crypto. Short-sellers are starting to actively target them, and prominent crypto companies are starting to openly debate the merits of the crypto treasury business model.
So, are there any crypto treasury…
