December 2nd, 2025 | 07:05 CET
Selling pressure! Bitcoin slumps to USD 50,000? Caution with Strategy, Finexity, D-Wave, and Metaplanet!
Global financial systems are undergoing a period of rapid technological change. Time-critical calculations and enormous computing capacities are increasingly becoming the decisive factor in remaining competitive. When it comes to price discovery on electronic markets, technical connectivity and even the distance to the exchange's servers are now decisive factors in determining the best pricing on the markets. Algorithms can recognize when a large number of investors want to move in the same direction. State-of-the-art computer systems have long been executing trading decisions in fractions of a second, fundamentally changing the dynamics of the markets. At the same time, digital assets, blockchain architectures, and token-based platforms are creating a new ecosystem that is closely linked to these advances. However, an additional challenge is already looming: quantum computers. They pose the risk of making previously trustworthy networks vulnerable. How should investors position themselves?
time to read: 5 minutes
|
Author:
André Will-Laudien
ISIN:
STRATEGY INC | US5949724083 , FINEXITY AG | DE000A40ET88 , D-WAVE QUANTUM INC | US26740W1099 , METAPLANET INC | JP3481200008
Table of contents:
Author
André Will-Laudien
Born in Munich, he first studied economics and graduated in business administration at the Ludwig-Maximilians-University in 1995. As he was involved with the stock market at a very early stage, he now has more than 30 years of experience in the capital markets.
Tag cloud
Shares cloud
Strategy and Metaplanet – One-sided business model collapses
The era of premiums on net asset value is over. While crypto asset managers Strategy and Metaplanet had been able to record high premiums on their BTC holdings for months, this revaluation now seems to be over. Long-time critic and crypto expert Peter Schiff recently questioned Strategy's business model. He accuses the Company of financing itself through high-yield preferred shares, creating an unstable construct that only works as long as liquid funds absorb these securities from the market. In his words, Strategy is heading for a dangerous downward spiral in the event of payment stress. Nevertheless, Michael Saylor signals his continued willingness to buy and rejects criticism of possible BTC outflows. Analysts on the LSEG platform have not yet reacted to the current scenario, as the 12-month average target price is still above USD 500. Strategy's share price corrected by over 60% from July to the end of November to just USD 177, and yesterday it fell another 6%. Despite falling prices, the Company emphasizes that it is sufficiently financially secure. In November, CEO Michael Saylor raised another USD 715 million by placing preferred shares. Insane! Metaplanet is in a similar predicament, currently holding over 30,000 BTC in inventory, according to media reports. Here, the current market capitalization of EUR 2.5 billion would roughly correspond to the crypto holdings. Both stocks are only suitable for traders or BTC enthusiasts!
FINEXITY – Pioneer in the European market for tokenized private markets
Hamburg-based FINEXITY AG offers an entirely new business model. The Company is currently developing very dynamically into a leading platform for tokenized private market investments and is consistently increasing its presence in the European capital market. With over 250 listed securities and more than 84,000 registered investors, the Company is one of the pioneers in the field of digital real asset investments. FINEXITY is expanding internationally, including through its market entry in Dubai, where, for the first time, a regulated security of German origin is giving private investors access to exclusive luxury real estate in the United Arab Emirates. This is a response to the recent boom in the Arab metropolis, which is attracting more and more wealthy individuals with its futuristic glamour and low regulatory burden.
At the same time, fund structures for institutional investors are being developed and are scheduled to be introduced in early 2026. CEO Paul Hülsmann sees this as an important step in the global expansion of the issuance and trading business. In addition to regulatory stability through the acquisition of Effecta GmbH and the integration of further partners, FINEXITY is preparing to set up a regulated real-time trading infrastructure. At the end of the year, FINEXITY announced that private markets would be connected directly to the digital ecosystem of the savings banks for the first time, implemented through a pilot project with Sparkasse Bremen. Private market investments will be directly visible in the online branch in the future, allowing customers to seamlessly manage their investments alongside traditional securities. The need for simple, fast, and transparent digital subscription processes is met by FINEXITY's technology, which covers all process steps from onboarding to settlement. This scalable model is to be expanded to the entire Sparkassen network of around 360 institutions in the medium term. FINEXITY is thus opening up access to an asset class that is becoming increasingly important in times of volatile markets and geopolitical risks.
"The integration of Sachwert Invest into the digital ecosystem of the savings banks sets a new standard for the integration of digital assets," explains Michael Ost, Deputy CEO of the FINEXITY Group. "FINEXITY sees itself as a bridge builder between traditional banking and digital markets. We provide the technological foundation that enables financial institutions such as savings banks to offer their customers access to the private markets of tomorrow."
FINEXITY is leveraging its agile and regulatory-savvy position to establish itself as the leading infrastructure for digital real asset investments ahead of larger competitors such as Deutsche Börse and Coinbase. With a market capitalization of just under EUR 50 million, the valuation of this digital newcomer is likely only at the beginning. Investors should expect the newly listed company, with its broad positioning, to take off in 2026.
D-Wave Quantum: Bridging quantum computing and blockchain
Quantum computers have the potential to significantly impact the world of cryptocurrencies, as they can perform complex calculations simultaneously, something that conventional computers are currently unable to do. The main concern relates to the ability of quantum computers to crack cryptographic algorithms, which serve as the security basis for most cryptocurrencies. This could theoretically allow quantum computers to derive private keys from public keys and thus take control of cryptocurrencies. Particularly relevant here is the Shor algorithm, which can be used by quantum computers to break the currently widespread Elliptic Curve Cryptography (ECC), which also affects Bitcoin.
The Company D-Wave Quantum plays an important role in this context, as its quantum annealing technology is used to develop practical optimization solutions that can already be used commercially today. With its "Leap Quantum Cloud" platform, D-Wave opens up access to quantum resources for companies, which is particularly important in the crypto sector, where issues of encryption, liquidity optimization, and smart contract architecture are central. D-Wave positions itself at the interface of high-performance computing, quantum algorithms, and blockchain technologies.
However, analysts agree that quantum computers are not yet powerful enough to crack the encryption of common cryptocurrencies in real time. Experts at Deloitte emphasize that it will be some time before the security of Bitcoin & Co. is actually threatened. In the meantime, quantum-secure algorithms are already being developed to protect Bitcoin and other networks from future quantum attacks. D-Wave's stock price rose to just under USD 47, which was somewhat exaggerated. This represented a short-term valuation of USD 15 billion, compared to sales of approximately USD 25 million. A large number of speculators then realized this, and the price fell by 60% within just four trading weeks. Anyone trading casino stocks should keep a close eye on momentum and trends! Even at USD 22.70, D-Wave is still unusually highly valued. The future is being traded here!
D-Wave, Strategy, and Metaplanet remain in the spotlight of the crypto community. However, the days of uninterrupted growth appear to be over. All three stocks have lost more than 50% from their autumn highs. BTC asset managers Strategy and Metaplanet have been particularly hard hit, and are now running with a beta of 1 to Bitcoin. FINEXITY AG is conquering the tokenized areas of the capital market with its digital platform ecosystem. Thanks to strong innovative momentum, numerous asset classes can still be unlocked here. Investors in digital assets should diversify across multiple sectors to reduce portfolio risk.
Conflict of interest
Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") currently hold or hold shares or other financial instruments of the aforementioned companies and speculate on their price developments. In this respect, they intend to sell or acquire shares or other financial instruments of the companies (hereinafter each referred to as a "Transaction"). Transactions may thereby influence the respective price of the shares or other financial instruments of the Company.
In this respect, there is a concrete conflict of interest in the reporting on the companies.
In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.
For this reason, there is also a concrete conflict of interest.
The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.
Risk notice
Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on news.financial. These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.
The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user.
The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use.
