Strive Executive: Global Capital Is Entering the Bitcoin Market Through Three Paths

CoinFeed reported on July 9, Strive Bitcoin Strategy Vice President Joe Burnett said that Bitcoin's break-even annualized rate of return (ARR) is often misunderstood, and understanding this concept is crucial to market cognition. He categorized global capital allocation to Bitcoin into three paths: bullish Bitcoin - believing that Bitcoin will appreciate significantly, borrowing long-term funds at less than 20% cost to increase positions; neutral Bitcoin (digital credit) - Bitcoin only needs to grow 3.3% per year to permanently cover dividends through capital appreciation, such buyers only need to believe that Bitcoin will not disappear and outperform inflation, which may have become a global consensus; bearish Bitcoin - expressing a bearish view by shorting Bitcoin or leveraging Bitcoin shorts.