Coinbase's CEO, Brian Armstrong, reinforces confidence in Bitcoin by continuing weekly purchases as BTC nears $107,000.
Coinbase, holding almost $1 billion in Bitcoin, shifts focus back to its original crypto pillar despite venturing into other cryptocurrencies.
Amidst criticism from Bitcoin loyalists for embracing hype-driven tokens, Coinbase's consistent BTC acquisitions align with a trend of U.S. companies treating Bitcoin as a strategic treasury asset.
Armstrong's emphasis on Bitcoin aims to reassure investors amidst regulatory concerns and token volatility, highlighting Bitcoin's importance as the foundation of the digital asset space.