Re:Coinbase plans to add $500M worth of crypto to its balanc...
by sokoloff on Monday August 23, 2021 @07:31AM
(#28274343)
If you take the logical view that BTC et al today function more like assets than currencies, then an enormous number of actors in the equity markets are in the situation of buying an equity asset and benefiting if its price goes up (and often talking their own book as well).
That being said companies benefiting from rising crypto currencies prices buying said currencies just to hold them (and therefore manipulating the price due to limited supply) should at least raise some eyebrows.