Smarter Web Appoints Bitcoin Expert Jesse Myers to Lead Treasury Strategy
Smarter Web just made a power move—hiring Bitcoin analyst Jesse Myers as their new Treasury Strategy Chief. This isn't just another corporate reshuffle; it's a signal that crypto expertise is now front and center in corporate finance.
Why Myers Matters
Myers brings deep Bitcoin market insight to Smarter Web’s financial operations. His hiring suggests the company is serious about integrating digital assets into its treasury management—potentially hedging against fiat volatility or even allocating to BTC.
Corporate Strategy Meets Crypto
This appointment reflects a growing trend: companies no longer see crypto analysts as niche players. Instead, they’re key hires for navigating an increasingly digital financial landscape. Because nothing says 'innovation' like bringing in a Bitcoin guy to manage your money—right, Wall Street?
Look for Smarter Web to potentially announce Bitcoin-related treasury moves in the coming months. Myers’ hiring isn’t just a personnel change—it’s a statement.
Corporate Bitcoin treasury strategies
Crypto observers have cautioned that digital asset treasuries, including those executed through corporate Bitcoin strategies, may blur the line between long-term balance sheet management and speculative positioning.
Some exhibit patterns that risk "undermining confidence in legitimate DAT models and may constrain broader institutional adoption," Ryan Yoon, senior analyst at Tiger Research, told Decrypt.
In an earlier conversation on how Windtree Therapeutics, a Pennsylvania-based drug developer, was booted out of Nasdaq's list of public firms, Yoon told Decrypt that while Michael Saylor has created a "powerful narrative in crypto markets," it has inadvertently spawned "a template that struggling public companies attempt to replicate."
Those companies, however, "typically lack substance beyond the narrative itself," Yoon said.
Despite this, the key point from the massive accumulations that digital asset treasuries have continued to make is that they "represent structural strategy rather than one-time trades," according to a Q3 Bitcoin valuation report published Thursday by Yoon and his colleagues at Tiger Research.
On the broader end, institutional Bitcoin accumulation continues to proceed at an "unprecedented pace," the report stated, citing how U.S. spot Bitcoin ETFs now hold around 1.3 million BTC, representing roughly 6% of the alpha crypto's maximum supply, while Saylor's Strategy has amassed 629,376 BTC valued at roughly $71.3 billion at current prices.
The researchers argued that Strategy's Bitcoin accumulation executed through convertible bond issuances, "particularly signals the formation of a new demand layer."
