Fred Krueger Says Bitcoin Treasury Firms Must Buy Like Sharks — 10,000 BTC Monthly To Stay Afloat
Despite substantial Bitcoin (CRYPTO: BTC) accumulation by companies and ETFs, prices have yet to rise significantly. However, an expert believes that treasury-focused companies may need to maintain a minimum BTC holding to ensure long-term survival.
What Happened: Crypto investor and The Big Bitcoin Book co-author Fred Krueger sparked conversation on Tuesday with a bold analogy – Bitcoin treasury companies are like sharks; they must keep moving (buying) to survive.
In his X post, Krueger said these companies need to purchase 10,000 BTC every month just to maintain strategic momentum. “If they stop, the strategy fails,” he added, likening the aggressive Bitcoin acquisition behaviour to a feeding frenzy that persists regardless of price levels.
He pointed to Michael Saylor‘s BTC accumulation strategy for his company Strategy (NASDAQ:
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