Bitcoin Maxi Max Keiser Isn’t Buying The Hype | Crypto News
Bitcoin advocate Max Keiser has questioned whether or not new Bitcoin treasury firms will show the identical dedication as Strategy co‐founder Michael Saylor.
According to Keiser’s May 30 X post, Saylor saved shopping for Bitcoin through previous market drops without promoting, even when his holdings have been underwater. He identified that Strategy’s imitators have yet to face a actual bear market. Based on this, Keiser warned it may be unrealistic to assume these newer corporations will keep regular if costs slide.
Max Keiser Raises Doubts
In a May 30 X post, Keiser wrote, “The Strategy clones have not been tested in a bear market. Saylor never sold and just kept buying, even when his BTC position was underwater. It is foolish to think the new Bitcoin Treasury Strategy clones will have the same discipline.”
The @Strategy clones haven’t been examined in a bear market.@saylor never offered, and just saved shopping for, even when his BTC place was under water.
It’s silly to suppose the new Bitcoin Treasury @Strategy clones could have the identical self-discipline.
— Max Keiser (@maxkeiser) May 31, 2025
He had already in contrast Strategy to “the Bitcoin of BTC treasury plays,” implying that different corporations will wrestle to match that degree of conviction. Short trades and fast flips have pushed some copycats so far. Long holds in a downtrend? That’s a completely different story.
Corporate Bitcoin Holdings Soar
Companies are leaping on the Bitcoin treasury prepare at a speedy tempo. Based on studies, dozens of companies introduced plans to observe Strategy’s lead in the first half of 2025. Some analysts now imagine 50% or more of all crypto might soon sit on company steadiness sheets.
Strive, the asset management firm led by former political candidate Vivek Ramaswamy, joined on May 7. Trump Media and Technology Group confirmed a $2.5 billion capital raise to buy Bitcoin on May 27. Each recent announcement drives more copycats, which provides to both hype and risk in the space.
Premium Prices Alarm Analysts
Strategy’s stock rose to an all‐time high of $543 on November 21, and that leap impressed rival corporations to listing their own Bitcoin plans. Metaplanet, for instance, trades at a Bitcoin premium of $600,000. That means buyers are paying almost six occasions more for publicity than if they purchased Bitcoin immediately.
Based on studies, analysts argue such high premiums can’t final eternally. If Bitcoin dips or demand for stock‐primarily based publicity weakens, those markups might evaporate. Paying $600,000 additional per Bitcoin place immediately would possibly look very completely different if costs fall tomorrow.
Featured image from Unsplash, chart from TradingView
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