Viewpoint: The Bitcoin Treasury Company is a "reasonable" response to the government's devaluation of $37 trillion in U.S. debt

ChainCatcher news, according to Daily Hodl, macro expert Luke Gromen stated that the rise of Bitcoin treasury companies is a reasonable response to the U.S. government's ongoing devaluation of the dollar. In his latest video update on YouTube, Gromen pointed out that investors are reacting to a massive financial bubble that has shifted from the stock, banking, and real estate markets to the treasury market.

He believes that the only way for the U.S. government to maintain the bubble is by devaluing its debt through inflation, rather than restoring fiscal health by facing default or severe economic recession. In light of this reality becoming clear, it makes sense for many companies to create shareholder value by leveraging Bitcoin's strict supply cap.