Key dealers
- Peter Schiff criticized investments in Bitcoin Treasury shares as more absurd than buying bitcoin himself.
- Schiff advises to invest in companies with actual business models rather than those that only acquire Bitcoin.
For Peter Schiff, bitcoin is bad. But Bitcoin Proxy shares are even worse. The gold master and the long -lasting bitcoin critic has criticized the idea of buying shares in public companies that are only available for keeping bitcoin and calls it a “ridiculous” way to get exposure to crypto.
“If you want to buy bitcoin, buy bitcoin,” Schiff wrote on X on Wednesday. “If you want to invest in the stock market, buy a company with a real business.”
Pierre Rochard, CEO of Bitcoin Bond Company and former VP on Riot Platforms, defended practice and claimed that Bitcoin-in-born companies could create a real value for a number of market players.
“Trancing up Bitcoin’s Risk-Return is a real business. Some people want less volatility, others want more,” commented Rochard. “Financial technology with securitization creates real value.”
Bitcoin Treasury companies are increasing. Tether, Softbank and Cantor Fitzgerald recently launched Twenty One Capital and aimed to become a top company bitcoin holder.
Nakamoto Holdings, led by Bitcoin Inc. CEO David Bailey, and strive for Asset Management, with the support of Vivek Ramasswamy, also announced companies focused on acquiring and managing bitcoin in scale.
Supporters of the movement believe that Bitcoin Treasury shares offer a practical solution for investors facing regulatory barriers.
A British -based marketing player, who comments on Schiff’s service, noted that direct exposure to bitcoin is often not possible in pension accounts, especially in the UK, where Bitcoin ETFs are less accessible.
Not always possible to get exposure to bitcoin directly in pension funds, especially in the UK where we do not have access to Bitcoin ETFs. Bitcoin Treasury shares are the easiest way to get exposure on digital gold, while avoiding regulatory red ribbons.
– Assetmarketcap (@assetmarketcap) May 14, 2025
Critics, however, call these companies “This bike is Shitcoins.”
In a May 13 statementPseudonyma investors stuck Hodler warned against Bitcoin Treasury companies that create shares out of thin air to attract investors chasing out without offering any underlying benefit.
“Many of these companies will inevitably be forced to dump their bars one day because the fast capital that buys them now realizes that they would be better at simply keeping cooling bitcoin,” the analyst said.
“Companies that create economic value through products and services and then store their profits in Bitcoin is what will give lasting value to the Bitcoin network,” he added.
“I mostly refer to Copycats that appear at an accelerating pace. They try to work out MRST’s success in the same way that Shitcoins developed BTC’s success,” the investor said.
Companies are the best buyers of Bitcoin 2025, find River Report
A new one Report From River shows that companies are the largest net buyers of bitcoin so far this year, with micro strategy that leads the fee. The company accounts for 77% of the growth in the company’s Bitcoin holding.
Companies have added a total of 157,000 BTC, followed by funds and ETF with 49,000 BTC and governments with 19,000 BTC. However, individual investors collectively sold approximately 247,000 BTC, according to the report.
Despite sales, individuals still have over $ 14 million in bitcoin, which corresponds to more than 69% of the total circulating supply.