PANews reported on May 5 that according to CoinDesk, Greg Cipolaro, global research director of NYDIG, pointed out in his latest report that public companies holding Bitcoin have a lot of "dry powder", that is, the potential to raise funds by issuing new shares. If these companies use the current high stock price to issue new shares and use the proceeds to purchase Bitcoin, it may have a significant impact on market prices. Greg Cipolaro's preliminary estimates show that this capital deployment could cause the price of Bitcoin to rise by about 44% from the current level of nearly $96,000. The report also mentioned that pure Bitcoin companies like Twenty One, whose market enthusiasm and structural advantages may further amplify this potential impact.
NYDIG: Bitcoin holdings’ “dry powder” could significantly push up prices
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Author: PA一线
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