More and more companies are strategically reserving cryptocurrencies, and the reserve competition has led to a flywheel effect: financing to buy ETH, ETH rises, stock prices also rise, then selling stocks at the ATM to buy ETH, ETH rises again, stock prices rise again, and then selling stocks to buy ETH... The motivation for PoS is seen as greater compared to PoW... The prices of coins and stocks soar together, and the retail investors in both markets thrive in unison.
Will SharpLink $BET become the next MicroStrategy $MSTR? Absolutely not. No matter how much MicroStrategy accumulates, it is just a big player in the game, because BTC is POW while ETH is POS. If SharpLink can acquire enough ETH, it could potentially become the voice of the future on-chain world central bank, just like the swing states in the U.S. elections—small in number but with significant influence.
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