
Joe Burnett, MSBA|May 25, 2025 14:17
For the past 50 years, broken money has created massive tailwinds for megacorporations.
Their proximity to the money printer—and the reality that individuals can’t save in dollars—has funneled trillions into indexes like the S&P 500.
People invest not because they want to speculate, but because they have to.
As a result, these companies have ballooned into sprawling, inefficient conglomerates—composed of hundreds or thousands of overgrown, underperforming segments.
In a world where capital allocates more efficiently—where bitcoin becomes the benchmark for savings—these bloated structures may be forced to unwind. Divestitures, spinouts, and corporate breakups could become the norm.
The smartest way for megacorporations to hedge against this future? Use today’s inflated valuations and access to cheap capital to issue equity, issue debt, and build a bitcoin treasury.
Over time, megacorporations will likely be replaced by thousands of smaller firms operating more efficiently in their own unique niche. The megacorporations need bitcoin in order to preserve shareholder value.
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