Analysis: Strategy may position itself to transform a "Bitcoin bank" and acquire mining companies to reduce BTC acquisition costs
Internet reports that Strategy currently holds a large amount of Bitcoin, but its share price premium reflects market expectations for its role as a "Bitcoin bank." The company raises funds by issuing stocks and bonds to continue to purchase Bitcoin and plans to convert its balance sheet to the Bitcoin standard, and its business model is regarded as one of the important paths to the financialization of Bitcoin. Analysis points out that Strategy, as a "Bitcoin bank" in the future, may also acquire mining companies to reduce its Bitcoin acquisition costs. Such acquisitions may be more meaningful to the Bitcoin market than to the traditional gold market, because Bitcoin mining and Bitcoin banking require domain knowledge that is closer than gold mining and statutory banking.
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