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Macro Expert Explains Why Bitcoin Is Now a Treasury Asset

  • Bitcoin is transitioning from a fringe asset to a treasury asset for companies seeking asymmetric upside amid regulatory changes and increasing investor demand.
  • U.S. accounting rule changes in 2023 have made it easier for companies to report Bitcoin on balance sheets, paving the way for widespread adoption in 2024.
  • Institutional investors are turning to Bitcoin-linked equities and corporate debt as an alternative to direct crypto purchases due to strict investment mandates.
  • The rise of Bitcoin treasury companies, leveraging Bitcoin through long-term bond issuance, is making waves in corporate finance, with the trend seen as both inevitable and beneficial by experts.

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