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🚨Bitcoin is winning so hard that even a publicly traded company called ''DEFI Technologies'' has adopted it!

📈They've bought 110 Bitcoin, sending their stock price on a 200% rally this month!

🧵However, 3 other public companies are also copying MSTRs Bitcoin playbook!👇

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The 1st 2024 MSTR copycat we want to cover today comes in the form of a $223M healthcare company...

Semler Scientific announced they were buying $40M of Bitcoin on May 28th.🤯

This was big considering their MC was only $130M at the time, but their next move was bigger...👇

1 week later on June 6th they announced they were going to buy an additional $17M of Bitcoin & selling $150M of their own stock to buy more Bitcoin!

These plays increased their MC by over 76%, or $75,000,000 this month alone!🤯

Other companies appear to be watching...👇

🇯🇵Another MSTR copycat comes in the form of a tiny Japanese company named ‘‘Metaplanet.’’

They had a measly $15M MC before their Bitcoin play…

🚨However, their MC has tripled since they declared they were buying $6.56M worth of Bitcoin, but they didn't stop there...👇

What’s more stunning about Metaplanet is what their ''Director of Bitcoin Strategy,'' DylanLeClair_ announced on May 7th:👇

We have public companies alongside MSTR signaling their intent to tap the public debt market to borrow fiat and buy Bitcoin!

The craziest thing?👇

There are even more companies buying Bitcoin, all fighting over the 2M Bitcoin on exchanges.

What happens when the other 58,000 public companies do when they run the numbers?

Will we see a supply suffocation?

We'll answer those Qs in more detail below in a moment, however, in the meantime...

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Let's dive deeper.👇

If you want to read more about the 4 public companies copying Michael Saylor's Bitcoin playbook, you're in luck!

📩We recently explored the 3 companies using a speculative attack in more detail in the Bitcoin News Research deep dive linked below:

bitcoinnewsresearch.beehiiv.com/p/speculative-…