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.