And they will have much smaller stacks of Bitcoin that may it may not get liquidated. I don’t think it will be the 80,000 that Luna liquidated. This niche will definitely have a boom and bust, but I think it’s contagion to the spot bitcoin price could be limited instead of being a repeat of 2021/2022

Replies (1)

I’m anticipating there being a lot of these companies. Everyone I talked to at the conference was gearing up to do this.