Michael Saylor crypto currency The owner of the first public company to initiate the corporate reserve narrative in the world. The process initiated in 2020 enabled the BTC reserve of tens of billions of dollars to emerge. This increased the appetite of others after the company’s huge gains. ETH, BNB, AVAX, SOLI Speaking, Sui Coin joined the list and the reserve move officially started.
Water Coin Reserve
One of the largest subcoins according to market value Water coin He took the need to seg with a strong competitive environment. Chainlink 
$23.29Left, Eth, Avax, BNB and others rising to the same league to start the water reserve move.
The SUI Foundation, which is behind the SUI Coin, launched the process with a public company. The only public company that has an official relationship with the foundation has added 20 million water to its treasury yesterday. The motivation of public companies in creating reserves is the growth of stock values with these reserves.
So the company Water purchase At the same time, the value of the water shares are increasing. Then, by exporting more water shares, it has the opportunity to create cash and get more water coins. Strategy, who did not first apply this cycle from the public companies, inspired the dozens of today’s public crypto reserve companies.
Water Coin Future
Reserve move on the nasdaq exchange Water It will grow even more with the support of shares. Company shares, which are transformed into a proxy water Coin ETF, are expected to perform similar performance with MSTR. The rise of crypto currencies, growing reserve, increasing share prices and increasing Water coin price It will create a multiplier effect with each other and accelerate this cycle.
Stephen Mackintosh, Chief Investment Officer of Sui Group, said;
“Since the launch of our Treasury strategy in late July, we have rapidly accumulated more than 100 million water by underlining our belief in the transformative potential of the water network and its critical role in the future of non -decentralized finance.
We are planning to continue our search for capital increase in order to make additional purchases from discounted locked water and thus create value for our shareholders. ”
The company has a total of 101.79 million water coins. Each water share has 1,14 water.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
