Bitcoin treasury companies (BTCTCs) are deploying their capital to buy bitcoin in one of two ways.
Lump sum or DCA.
I would argue it’s better for a BTCTC to buy lump sum at their size (like Strategy $MSTR or Metaplanet $MTPLF).
Some other companies like Smarter Web $SWC $TSWCF prefer to DCA over the short-term, hoping to get a lower average price.
DCA works with smaller sums but eventually Bitcoin will run and shareholders will be affected by eventually buying at a higher price.
Picking up pennies in front of a steamroller.
Thoughts? Any interest in Bitcoin treasuries here on nostr? @HODL
Lump sum or DCA.
I would argue it’s better for a BTCTC to buy lump sum at their size (like Strategy $MSTR or Metaplanet $MTPLF).
Some other companies like Smarter Web $SWC $TSWCF prefer to DCA over the short-term, hoping to get a lower average price.
DCA works with smaller sums but eventually Bitcoin will run and shareholders will be affected by eventually buying at a higher price.
Picking up pennies in front of a steamroller.
Thoughts? Any interest in Bitcoin treasuries here on nostr? @HODL
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