Adam Back urged to transfer capital from altcoins to Bitcoin

2025-06-23 06:52:49

The CEO of Blockstream, Adam Back, referred to the strategy of companies creating Bitcoin treasuries as a new alt season. He urged to transfer capital into the first cryptocurrency or shares of firms that invest in it.

When asked whether it would be better to invest directly in Bitcoin instead of securities, Beck stated that counterparties are striving to increase earnings per share. Ultimately, the capital raised through bonds and other products still flows into the first cryptocurrency.

In another thread, the expert was asked what he thinks about multi-currency ETFs based on crypto assets. Beck reiterated the thesis that it is better to invest directly in Bitcoin or, if the investor is risk-averse, in the stocks of companies that hold it on their balance sheet.

His comment came against the backdrop of a new trend. Large companies, often from sectors unrelated to finance and crypto assets, are copying the business model of Strategy ( previously MicroStrategy).

This, for example, is the Spanish coffee shop chain Vanadi Coffee and the American medtech company Semler Scientific.

Earlier, we covered the opinion of SkyBridge Capital founder Anthony Scaramucci. He believes that the current trend of creating bitcoin treasuries resembles a “bubble” and could harm the project directly.

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