🔥More public companies continue to buy Bitcoin around the world 🚀
Recently, the company Donald Trump Media announced its plan to raise $2.5 billion to purchase #bitcoin , joining the growing group of companies with a "Bitcoin treasury," as Bitcoin reaches new highs.
Companies are adopting this Bitcoin purchasing strategy for various reasons; some see it as a hedge against #inflación , others as a show of support for the crypto industry, while some have financed their purchases through debt and stock sales.
According to Fortune, there are at least 61 companies, ranging from a hotel chain to #TRUMP media, that have purchased #Criptomonedas to become "Bitcoin treasury" companies. Additionally, half of these companies have started accumulating BTC at an average price of around $90,000, according to Standard and Chartered.
I believe we are still in the early stages of Bitcoin accumulation, before more companies begin to see Bitcoin as a value asset for their portfolios.
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