Part 9/13:
The upcoming unlocking of 45 million Alam tokens (approx. 10% of total supply) in mid-2025 is scrutinized. The consensus is that such unlocks are often overhyped, and with high daily volumes and liquidity, the market impact is likely to be minimal—like other token unlocks in popular chains.
Institutional Adoption and Why MicroStrategy’s Model Is Unique
The analyst laments that few publicly traded companies emulate MicroStrategy’s model of accumulating Bitcoin as treasury. The risks—regulatory uncertainty, accounting treatment, and executive courage—deterrence others. MicroStrategy’s CEO Michael Saylor leveraged significant influence and demonstrated extraordinary bravery, which is rarely matched.