Reported about 19 hours ago
Recent reports reveal that 61 public companies, including Trump's Media & Technology Group, have adopted bitcoin treasury strategies, allocating part of their cash reserves into bitcoin amid rising prices and softening regulations. Companies are inspired by MicroStrategy's success, which saw its stock soar over 3000% after holding substantial bitcoin. However, this trend raises concerns about potential risks, including market volatility and liquidity crises if bitcoin prices plunge.
Source: YAHOO