Crypto Goes Corporate As A New Wave Of Public Companies Buy Bitcoin

Crypto Goes Corporate As A New Wave Of Public Companies Buy Bitcoin

As the price of bitcoin rallies above $100,000, a host of companies are harnessing public markets via SPACs and reverse mergers to purchase digital assets en masse.

Could Bitcoin’s Rise Harm Corporate Holders? – #CryptoUpdatesGNIT

Following Strategy’s example, companies increasingly invest in Bitcoin, a trend bolstered by the cryptocurrency’s rising price. However, these massive acquisitions raise concerns over market collapse if companies are forced to sell and questions over Bitcoin’s decentralized ethos. Representatives from Bitwise, Komodo Platform, and Sentora state that the benefits largely outweigh the risks. While small, overleveraged companies might go bankrupt, …

Is Bitcoin’s Rise a Blessing or a Threat to Corporate Treasuries?

Following Strategy’s example, companies increasingly invest in Bitcoin, a trend bolstered by the cryptocurrency’s rising price. However, these massive acquisitions raise concerns over market collapse if companies are forced to sell and questions over Bitcoin’s decentralized ethos....