Bitcoin, gaining in recognition and adoption, companies around the world no longer look at only. They jump and add the crypto to their books. Companies use Bitcoin as part of their financial strategy. Could you think why the adoption of Bitcoin companies is increasing? Greed …
Bitcoin, gaining in recognition and adoption, companies around the world no longer look at only. They jump and add the crypto to their books. Companies use Bitcoin as part of their financial strategy. Could you think why the adoption of Bitcoin companies is increasing? Well, they believe it is more than just a currency. For some, it is a way to fight against inflation. For others, it is a question of staying ahead of the competition.
Meet the Bitcoin pioneers
Microstrategy leads the pack. They bought more than 150,000 bitcoins. Their CEO, Michael Saylor, calls Bitcoin a “transformer asset”. He is convinced that it is the best way to protect money from a long -term business.
Rumble Inc. is another name to monitor. They recently announced their intention to include Bitcoin in their finances. Their reason? This corresponds to their vision of decentralization and global growth.
Hut 8 mining is not far behind. They hold more than 10,000 bitcoins. In fact, they just spent $ 100 million to buy even more. This helps them upgrade their mining systems and remain competitive.
Digital marathon is also all all. They raised $ 835 million to invest in Bitcoin and extend their operations. It is clear that they consider Bitcoin as a long -term game.
Why Bitcoin?
Why does this happen on such a large scale? Companies want to diversify. Bitcoin is decentralized, which means that no government or single entity controls it. Its limited diet makes it attractive as a reserve of value.
Hut 8’s strategy is an excellent example. They managed to buy Bitcoin at an average price of $ 24,484. It is much lower than its current value. For them, it is intelligent planning and cost management.
What is the next step?
