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The bitcoin corporate treasury race might turn into Hunger Games for some

From sherwood.news

Let the bitcoin treasury games begin! (Or at this point, continue.) The mind-blowing pace of new companies adopting a digital asset treasury strategy includes not only financial companies, but a slew of other businesses, including a Spanish coffee chain, a gold miner, and a Jaguar and Land Rover restoration company. Norway-based deep-sea mining firm Green Minerals is one of the latest entrants, announcing this week it aims to raise up to $1.2 billion to purchase bitcoin. But as the race heats up, some experts are raising alarms, noting that not everyone can successfully emulate Strategy, the largest corporate bitcoin ... (full story)

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  • Category: Fundamental Analysis