As Corporations Build Bitcoin Treasuries, We All Win

As Corporations Build Bitcoin Treasuries, We All Win

NVK, creator of bitcointreasuries.org, sees corporate bitcoin allocation as not just a good thing for these companies. It benefits every Bitcoiner. The post As Corporations Build Bitcoin Treasuries, We All Win appeared first on Bitcoin Magazine.


Related News

Over 1 Million In Bitcoin Locked In Treasuries As Institutions Pour In $1 Bil...

Corporate Bitcoin treasuries have now topped 1 million BTC as more companies quietly and publicly build crypto reserves. Related Reading: Russia Looks To Open Crypto Market Wider For Citizens – Details Reports show that from September 1 to September 6, companies announced fresh allocations of nearly 9,800 BTC — roughly 1 billion at current prices […]

Crypto Biz: The rise of the Bitcoin treasury, Dec. 30–Jan. 6

Michael Saylor’s MicroStrategy showed corporations that holding Bitcoin on their balance sheet is a viable strategy to hedge against inflation. The price of Bitcoin (BTC) cratered below $43,000 on Thursday in a selloff that was stoked by the Federal Reserve’s renewed pledge to start unwinding its pandemic stimulus support. For the so-called diamond hand investors among us, the decline presents an attractive entry point to continue accumulating BTC at discount rates. 2021 was the year that institutions and corporations became major movers and shakers in the Bitcoin market. By the end of the....

12 Companies Keep Close to $700 Million in Ethereum in Treasuries

During the last year, there’s been a lot of discussion concerning bitcoin treasuries or public firms putting bitcoin on their balance sheets. However, the leading crypto asset by market valuation is not the only digital currency being held by treasuries. Ethereum has become a prominent treasury asset as a number of companies are known to hold the second leading crypto in their reserves. Ethereum Treasuries Have Grown According to the bitcoin treasuries list, exchange-traded funds, countries, public companies, and private firms own 1,559,047 bitcoin (BTC) worth roughly $66....

BlackRock Downgrades US Treasuries; What It Means for Bitcoin?

BlackRock downgraded its ratings of the US Treasuries even as the government debt emerged as a haven during this week's stock market sell-off.

Public Miners Start Selling Bitcoin Treasuries

As June monthly production updates roll out over the next week, Core Scientific and Bitfarms have both sold nearly 50% or more of their bitcoin treasuries.