61 public companies are actively accumulating Bitcoin as a strategic reserve asset, despite market risks and volatility of digital currency.
An increasing number of public companies in the U.S. and Canada that are not involved in the digital asset sector are implementing a "Bitcoin treasury" strategy – that is, allocating a portion of cash or financial reserves to invest in the world's largest cryptocurrency.
According to a new report from Standard Chartered Bank, there are currently 61 listed companies not specialized in digital currency that have been and are implementing this strategy – indicating that Bitcoin is becoming a new strategic financial tool in the post-ETF era.
