TREE NEWS update: Strive CEO Matt Cole said large institutions whose equity mandates bar them from buying bitcoin or bitcoin ETFs are instead buying shares of bitcoin treasury companies to gain indirect BTC exposure. Without Strive and MicroStrategy, Cole said, portfolio managers would have no way to access bitcoin exposure across a $500 billion pool of capital. “We are pushing BTC onto the rails of the traditional financial system,” he said.
Strive CEO: Bitcoin Treasury Stocks Give Restricted Institutions BTC Exposure
The interesting claim here is structural, not promotional: equity-mandate constraints may be doing more to drive demand for bitcoin treasury stocks than conviction in bitcoin itself. If that is the real driver, these vehicles are functioning less as operating companies and more as a compliance workaround for a large pool of capital that cannot buy the asset directly. The open question is whether that demand persists if mandate rules loosen or if treasury-company shares stop tracking BTC closely enough to serve as a substitute.
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