Presto Research: There is a foam risk in enterprise crypto asset reserves, but it is "more subtle" than before

Odaily Planet Daily News According to Presto Research's analysis, there is an obvious foam risk in the "crypto asset reserve strategy" for enterprises to include crypto assets into financial report reserves, but its pattern is more complex and subtle than previous market cycles. Presto Research points out that this trend carries potential risks, such as market adjustments, liquidity crises, and leverage issues. However, compared with the ICO foam in 2017-18, the current reserve strategy has more structural differences, such as convertible bond financing, attracting capital with the help of leading figures, and being driven by policies. In addition, analysts warn that if the volatility of the cryptocurrency market intensifies, these reserve companies may face rapid selling pressure and even trigger systemic risks. This round of strategy combines Bitcoin reserves with stock financing, leverage tools and policy incentives, making it fundamentally different from the past pure speculative foam. （The Block）