Companies mimicking MicroStrategy's strategy with alts like ETH, TRX, SOL, XRP, DOGE, and BNB have sprung up like mushrooms after rain. Unlike MicroStrategy's single strategy of issuing convertible bonds to purchase Bitcoin, the operational path is roughly as follows: the stakeholders behind these alts buy a shell company in the US stock market and then announce the purchase of a certain Token as reserves. Stock prices and coin prices will also experience a short-term rise. However, after a brief frenzy in stock prices, these alts have all faced a fall in stock prices. For instance, the stock price of the Ethereum version of MicroStrategy, Sharplink, reached nearly 80 dollars per share after the announcement, but is now below 20 dollars per share. Currently, the largest institution holding Ethereum, Bitmine, reached a high of 135 dollars per share on July 3, but is now only 34 dollars per share. Meanwhile, BNB's microstrategy #BTCÐ Launchpool收益超3%# #成长值抽奖12期开启# #白宫加密报告发布# .