Seems like the companies buying bitcoin are all relatively crappy without any real product. Basically zombie companies looking for a cheat code.
Discussion
*public companies
Theres a lot of those!
Agree, it's not a good look
It made some sense before the ETFs. Now it just looks like a tunneling scheme.
Yah.. sleazy
This reminds me of how some poor dictatorships tried to become a bitcoin mecca a years ago
Every cycle ends up with some mechanism breaking because it gets overstretched or poorly executed. Might this be it?
Bitcoin spreading like a virus 🦠. They will distribute it in due course. Creative destruction.
Freedom does not judge. Bitcoin is lifting the lamp beside the orange door.

To be fair, they're trying to compete in a rigged game, and not everyone has been ordained with the Cantillon cheat code.
It has been a great cheat code so far