🚀📈 Bitcoin maximalist and altcoin skeptic Mike Alfred, co-founder of Digital Asset Data, has shared insights on the potential impact of BlackRock's Bitcoin (BTC) spot ETF approval. He believes that even if approved, Bitcoin mining, exchange, and settlement companies remain undervalued. Alfred anticipates an immediate stock price surge of 20% to 100% for these entities. He emphasizes that increased Bitcoin usage correlates with higher stock price gains. Notably, companies like MicroStrategy, Iris Energy, and Cypher Mining are expected to reap significant benefits from this scenario. The approval of a Bitcoin ETF has the potential to reshape the market landscape. 📊🪙 #BitcoinETF #MarketImpact #BitcoinMaximalist #CryptocurrencyInsights