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RE: Everyone Want To Own A Piece Of The Bitcoin Pie

in Olio di Balena27 days ago

The approach that Trump media is taking seems interesting, especially the utility aspect within their broader ecosystem. What's a bit unclear for me is when BTC price falls down to bear market lows how it'll affect the operations they've built on top of it.

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It depends on the loans they have and how they intend to make a profit if it is only by appreciating the price of BTC or using it in other ways

Sure, it depends on their business model or revenue generation mechanism. Maybe they will sell some BTC at peak levels.