I think there's some confusion about whether bitcoin treasury companies, "amplified bitcoin" equities, are pumping with the same logic as altcoins. Personally, I don't think so. My view is based on fundamentals: what is the balance sheet? What is the income statement? What is the statement of cash flows? These are the financial accounting statements that enable you to understand the economic story. Public companies have to provide these audited statements to the public, whereas altcoins do not. If they did, it would be clear that a lot of ICO crypto tokens actually have no leveraged economic claim on the bitcoin treasury of their "foundation". This may seem like a subtle difference, but the performance in days like these reveals deep truths that altcoiners are afraid of.