Why Bitcoin Treasury Stocks Outperform BTC: The Smarter Crypto Play
Forget buying bitcoin directly—the real alpha's hiding in plain sight.
Public companies stacking BTC on their balance sheets are delivering returns that crush spot bitcoin holdings. These corporations leverage institutional advantages retail investors can only dream about—tax efficiencies, borrowing against holdings, and strategic accumulation during dips.
They’re playing chess while hodlers play checkers.
MicroStrategy’s legendary bitcoin treasury strategy continues generating outperformance that would make any hedge fund blush. Meanwhile, legacy finance still can’t decide whether crypto is a scam or salvation—typical Wall Street indecision while real money gets made elsewhere.
Bottom line: Sometimes the best way to bet on gold is to buy the shovel makers.
Why Some Bitcoin Stocks Outpace BTC Itself
In a thought-provoking post on X, Adam Livingston, author of the Bitcoin Age and the Great Harvest, offers a compelling argument for why investors should consider buying the stock of Bitcoin treasury companies, rather than just BTC itself. His perspective goes beyond a simple Leveraged play and speaks to a long-term vision of a new financial infrastructure built on a BTC foundation.
Livingston’s thesis is that a new paradigm-shifting financial infrastructure built over the coming years will take bitcoin to $100-200 trillion BTC market, supporting an equal magnitude of Bitcoin-denominated credit and equity. This new infrastructure would enable global transactions at light speed on open ledgers, providing everyone with a censorship-resistant, inflation-proof yield stream.
The key takeaway from the recent unconference is that this infrastructure needs to be built because it is where solving complex issues, such as custody, compliance, and distribution across different jurisdictions, comes into play.
It also involves creating products that cater to traditional investors who may not want or need a volatile, infinite-duration asset like Bitcoin itself. Thus, these products can strip away volatility, manage duration, or FX risk, allowing institutions and individuals to gain the spread and recycle profits back into BTC collateral.
However, Livingston argues that Bitcoin can enable the exact instruments they do want. If BTC is to reach $1,000,000, it will require a robust financial infrastructure to funnel global capital into the asset.
Why Waiting For A Bear Market Is A Flawed Strategy
Crypto analyst Rajatsonfinance has highlighted a contrarian perspective on Bitcoin investing, urging people to abandon the common strategy of waiting for a bear market to start buying. Instead, he advocates for a more proactive approach centered on value creation and consistent accumulation.
According to Rajatsonfinance, trying to time the market is a flawed and often unsuccessful endeavor. He argues that waiting for a crash could be used to build skills and create value in the real world. His primary advice is to focus on earning more money and then exchanging that income for Bitcoin, whether by selling services for dollars and converting them or by accepting BTC directly as payment.
The analyst emphasized that if executed with a solid idea, passion, and consistent effort, it can lead to a far more significant BTC stack than one could ever accumulate by trying to buy the dip. He suggests that a successful business or a well-executed side hustle has the potential to generate far more than a modest $10,000 to $15,000, which WOULD result in a holding far exceeding 0.1 BTC.
