Bitcoin Treasuries Aren’t An Infinite Money Glitch
A slowly growing trend has emerged among corporate treasuries: adding Bitcoin to their balance sheets. This strategy has garnered significant attention, with MicroStrategy leading the charge and other companies like Metaplanet, Kulr and Rumble following suit. MicroStrategy, Michael Saylor’s software company turned bitcoin-holding vehicle, is now worth $88 billion, making it one of America’s largest […]
Buying Bitcoin As A Company Doesn’t Make You Bullet Proof
Retail has long been the primary custodian of Bitcoin as the idea of the store of value took hold among early investors. Eventually, that idea reached the ears of those heading up corporations. 2020 and 2021 have been the year of corporations getting into Bitcoin, well rather in the public eye and by corporations, I […]
Why MicroStrategy Bitcoin Buy Is A Game Changer
Like many of you, I didn’t know about Mirco Strategies before they bought a whole bunch of Bitcoin but went the news broke, I paid close attention to the story. If you don’t know the story, the CEO Micheal Saylor decided to turn the $424 million he had in cash on the companies balance sheet […]