最新报道:Bitcoin treasuries held by public companies like MicroStrategy and Tesla are drawing comparisons to the 1929 investment trust collapse, where overleveraged trusts exacerbated the stock market crash. Similar to those trusts, Bitcoin treasuries amplify price swings by buying more BTC during rallies, potentially worsening downturns. MicroStrategy, holding 190,000 BTC, recently raised $800 million via convertible notes to buy more Bitcoin, despite criticism of its high-risk strategy. Critics warn these concentrated holdings could destabilize Bitcoin’s market if large sell-offs occur. However, proponents argue Bitcoin’s fixed supply and decentralized nature mitigate such risks, unlike the opaque leverage of 1929 trusts.