Wall Street still doesn’t know what to do with crypto stocks.
You’ve got OGs like $COIN, $HOOD, and $MSTR...
And now a wave of new players: $CRCL, $GME's pivot, and companies stacking Bitcoin, Ethereum, even Solana.
The suits are confused. And it shows.
🧵
Legacy analysts are still trying to wrap their heads around it.
Three years ago, their ratings were brutal - no nuance, no forgiveness, just blanket pessimism.
Anyone who listened to them missed out on monster gains.
History doesn’t repeat, but it often rhymes.
The truth?
Many of these companies are just vehicles.
They’re broad bets on crypto as an asset class. Some track Bitcoin. Some build the infrastructure. A few are experimenting with treasuries or tokenization.
But one thing’s clear: they’re not going away.
Crypto stocks are the shiny new object.
And honestly… that’s half the appeal.
Altcoins have been in the gutter, but that won’t last forever. When the hot ball of capital rotates back, it’ll move fast.
Until then, equities tied to crypto remain the trade.
Just don’t forget this:
You can’t keep bidding up the companies selling shovels if no one’s actually digging.
At some point, fundamentals will matter again. But that doesn’t mean you should ignore the trend while it’s hot.
The moral of the story?
Don’t rely on Wall Street to do your homework.
A room full of geriatric men probably isn’t your best source for insights on what 25-year-old builders are doing to dismantle the very banks they spent their careers defending.
No hate. Just facts.
Your best bet?
✅ Stack Bitcoin
✅ Own some alts
✅ Add a little exposure to the crypto companies you actually believe in.
It’s a balanced approach.
And one that’s likely to pay off over the next cycle.
Wall Street will catch on - eventually.
But by then, the easy gains will be gone.
NFA. DYOR.
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