Jeni learned that Nasdaq-listed company Aurora (https://t.co/TMusKxUjDl) announced the launch of a strategic reserve plan for BTC, ETH, SOL, and SUI.
Nasdaq-listed company ATIF Holdings Ltd. (NASDAQ:ZBAl) announced the raising of $100 million to establish a DOGE strategic reserve.
Source: @ShioneKoshimizu
This is just what it is, more and more companies are starting to establish strategic reserves, and in the future, they will trade cryptocurrencies on the US stock market.
This tactic involves Company XX releasing a message announcing XX reserves; regardless of whether they actually have reserves, the stock price will first soar multiple times before anything else.