Corporate Bitcoin purchases can boost or sink stock prices, depending on strategy and market perception. Here’s a look at a couple examples.
🔝 Winners: stocks that soared
Strategy₿: Stock surged +121% in one year. Strategy₿ now holds ~581,000 BTC.Metaplanet (Asian Strategy₿): Stock surged +548% in 6 months. Metaplanet now holds 8,888 BTC.
Latest firms announcing BTC purchase plans
K Wave: Stock rallies 130% after announcing BTC acquisition strategy.
🔽 Losers: stocks that fell
Trump Media Group: DJT shares fall 10% as Trump Media says it’s raising $2.5B to buy BTC.
GameStop: Drops nearly 11% despite initiating BTC buying plan with $500M purchase.
🔜 Why the difference?
• Strategic Fit: Strategy₿ and Metaplanet align with Bitcoin’s narrative, boosting stocks. GameStop and Trump Media Group unrelated core businesses lead to
Source: JustNews
