📈 Bitcoin Treasury Companies are a new trend to emerge in this cycle. Basically, these are companies that hold Bitcoin on their balance sheets. Their core business might have nothing to do with Web3 – one is a coffee franchise, for example.

It feels like everyone is jumping on the bandwagon. This is something we’ve seen before with “blockchain” as a buzzword. If anyone was around in 2017, they might remember the Long Island Iced Tea Blockchain Corporation…

How will it end? We don’t know. But just like investing in meme coins, where there’s lots of hype and no fundamentals, be very careful!