Bitwise CEO predicts Trump administration to boost crypto mergers
Hunter Horsley links corporate power consolidation to crypto demand.
The CEO of Bitwise Asset Management, Hunter Horsley, has suggested that the economic policies of the Trump administration could have a major impact on the cryptocurrency sector.
In a recent tweet, Horsley noted that the potential deregulation of mergers and acquisitions could allow major companies like Google or Amazon to expand even further through strategic acquisitions. M&As refer to the consolidation of companies, either through the merging of businesses or the purchase of one company by another. This process often helps corporations achieve economies of scale, expand market share, or acquire critical assets.
