Michaela Alvez
Hunter Horsley, the chief executive of Bitwise Asset Management, has expressed optimism that the economic policies of President-elect Donald Trump’s administration would significantly benefit the cryptocurrency sector in the coming year.
In a January 6 X post, Horsley suggested that Trump’s incoming administration may facilitate the approval of mergers and acquisitions (M&As), which could drive the growth of major companies.
Horsley pointed out that companies like Amazon and Google could potentially acquire other large players, such as Instacart and Uber. Horsley noted that this could lead to the expansion of already dominant companies while causing smaller competitors to diminish.
“The enemy is stagnation, not change. Progress requires change,” Horsley added in another post.
The Bitwise CEO suggested that the increasing concentration of power within large corporations could fuel a greater demand for decentralized systems, which are central to cryptocurrency’s foundation. He argued that as these corporations expand their influence, more people may seek out crypto as an alternative to traditional, centralized organizations.
Both Google and Amazon have shown growing interest in blockchain technology and digital assets as part of their efforts to explore opportunities in the crypto space.
One example of Amazon’s blockchain-related initiative is Amazon Managed Blockchain, a service offered through Amazon Web Services. It allows businesses to build and manage scalable blockchain networks, making it easier for them to integrate this emerging technology into their operations.
These initiatives demonstrate how large corporations are incorporating blockchain technology into their strategies, diversifying their business models while utilizing M&As to extend their influence. This approach is helping to accelerate the widespread adoption of decentralized systems.
According to cryptocurrency investment firm HODL 15 Capital, 11 publicly traded companies have increased their Bitcoin purchases since last Monday. “2025 is going to see a lot of corporations joining the Bitcoin standard,” Horsley wrote.
Horsley’s remarks come after a significant recovery in crypto, which many attribute to Trump’s election win. His re-election has been positively received by various sectors of the industry, as his policies appear to favor the growth of digital assets and blockchain technology.
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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
