According to CoinDesk, Greg Cipolaro, Global Head of Research at NYDIG, pointed out in the latest report that publicly traded companies holding Bitcoin have a significant amount of "dry powder," meaning the potential to raise funds through issuing new shares. If these companies issue new shares at the current high stock prices and use the proceeds to purchase Bitcoin, it could have a significant impact on market prices. Greg Cipolaro's preliminary estimates suggest that this capital deployment could increase Bitcoin prices by about 44% from the current level of nearly $96,000. The report also mentions that pure Bitcoin companies like Twenty One, with their market enthusiasm and structural advantages, could further amplify this potential impact.
NYDIG: The "Dry Powder" of Bitcoin-Holding Companies May Significantly Drive Up Prices
PANews2025/05/05 16:34
Show original
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Next Week's Macro Outlook: The Fed's Defining Week! The Federal Reserve Faces the "Ultimate Showdown"
BlockBeats•2025/11/29 20:22
Data center overheating causes CME to halt trading for over 10 hours, backup data center not activated
BlockBeats•2025/11/29 20:22
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$90,608.02
-0.60%
Ethereum
ETH
$2,990.75
-2.08%
Tether USDt
USDT
$1
-0.01%
XRP
XRP
$2.19
+0.19%
BNB
BNB
$872.16
-1.66%
USDC
USDC
$0.9999
-0.02%
Solana
SOL
$135.63
-1.39%
TRON
TRX
$0.2808
-0.28%
Dogecoin
DOGE
$0.1482
-1.77%
Cardano
ADA
$0.4144
-1.58%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now