menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Why more c...
source image

Insider

1w

read

381

img
dot

Image Credit: Insider

Why more companies are looking to buy bitcoin

  • MicroStrategy's bet on bitcoin has driven a surge in its stock price, inspiring other companies to follow suit.
  • Several firms are issuing debt to purchase bitcoin, including Marathon Holdings, Core Scientific, and Acurx Pharmaceuticals.
  • Bitcoin's reputation as a hedge against inflation and economic crises is attracting companies aiming to diversify their reserves.
  • However, caution is advised as new entrants face higher bitcoin prices and increased risks if the crypto market experiences a sudden drop.

Read Full Article

like

22 Likes

For uninterrupted reading, download the app