The Snowball Effect is on! π
#GameTheory helps us understand the dynamics at play:
1. Signaling:
By holding #Bitcoin, a company signals to the market that it's forward-thinking, innovative, and willing to take calculated risks. This can attract investors and customers who share similar values.
2. Diversification:
Hodling #Bitcoin as treasury can be seen as a diversification strategy, reducing the company's reliance on traditional assets like cash and bonds. This can make the company more resilient to market fluctuations.
2. Network Effects:
As more listed companies hodl Bitcoin, the network effect grows, increasing the asset's value and stability. This can create a snowball effect, where more companies are incentivised to hold #Bitcoin, further increasing its value.