Adam Back Sees Silver Lining in Massive Bitcoin Price Plunge
Analysis
Price Impact
LowAdam back's comments are about his upcoming venture, bitcoin standard treasury (bst), and how a lower bitcoin price would benefit its treasury acquisition strategy. while positive for his specific venture, it doesn't directly indicate a broad market-moving impact on bitcoin itself.
Trustworthiness
HighAdam back is a highly respected figure in the crypto space, known for inventing hashcash, which influenced bitcoin's proof-of-work. his insights are generally considered credible.
Price Direction
NeutralThe article discusses how lower prices are advantageous for adam back's treasury acquisition plans, not necessarily predicting an immediate price increase or decrease for bitcoin. it's more of a strategic observation than a price prediction.
Time Effect
ShortThe discussion revolves around the pre-listing window for bst, which is expected around april, indicating a short-term strategic advantage rather than a long-term market trend.
Original Article:
Article Content:
Cover image via U.Today Add as a preferred source on Google News The treasury advantage A liquidity crunch Advertisement Now that Bitcoin is down over 40% from its fall highs and hitting its lowest levels in weeks, crypto market sentiment has turned undeniably bearish. However, Adam Back, the CEO of Blockstream and the inventor of the Hashcash proof-of-work system, sees a silver lining in the current downturn. During a conversation with CNBC’s Melissa Lee, Back argued that lower crypto prices could be beneficial for Bitcoin Standard Treasury (BST), his upcoming venture. HOT Stories Morning Crypto Report: Mr. XRP Yoshitaka Kitao Predicts 2026 On-Chain Revolution, Bitcoin in 'Not Digital Gold' Period: CryptoQuant CEO, Ethereum Foundation to Stake 70,000 ETH Bitcoin Breaks Below Critical $63,000 Support The treasury advantage Back is currently preparing for a SPAC approval for Bitcoin Standard Treasury, which is estimated to occur around April. Advertisement According to the crypto pioneer, lower Bitcoin prices during this pre-listing window would make it possible for the company to purchase more coins for its treasury. You Might Also Like Mon, 02/23/2026 - 05:17 Bitcoin Plunges Below Key Level. Is $45K Next? By Alex Dovbnya "Depending on where the Bitcoin price is, if it holds at this level, that's actually to our advantage," Back explained. "Because we go out with a lower reference price and are able to buy more Bitcoin, making our way up the rung to probably number three in the global ranks of Bitcoin treasury companies by holdings." Advertisement Treasury companies "take Bitcoin off the market" to hold and accumulate, Back says. A liquidity crunch Some market observers are puzzled by the inability of institutional adoption to propel crypto prices. Back has attributed this to liquidity-related difficulties among retail investors. You Might Also Like Tue, 02/24/2026 - 14:30 Bitcoin More Oversold Than Ever: Coin Bureau Founder By Yuri Molchan Traditional mutual funds can reallocate capital, but Bitcoin retail investors typically lack dry powder during such extremely severe market downturns. "I think Bitcoin tends to be a little weak to the downside because many of the retail investors end up being all in. And so they don't have a lot of capital to buy Bitcoin," Back said. "Whereas if you look at public company stocks or big mutual funds... they might sell some Microsoft and buy some Tesla if they think Tesla's cheaper at a given level. With Bitcoin, most of the investors are all in, so they don't have that ability to sell something else to reallocate." #Bitcoin Price Prediction #Adam Back